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Joined 1 year ago
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Cake day: May 31st, 2023

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  • What 20% do you mean? The interest rate?

    If you treat a credit card like a charge card and pay it in full every month there’s zero cost to you. You don’t even pay interest on the time between the purchase and the payment as long as you pay everything off on the first statement it appears.

    Having a credit card is good for your credit and can save you money in the form of cash back. As long as you can keep disciplined about only spending money you already have and paying in full every statement, it’s all upside.