Reply #170: None. Zero.

[Ellis Wyatt]

That's the point. Did you even read what I wrote?

I pay no annual fee. Not that difficult - very few credit cards charge a monthly fee
I pay 100% of my balance every month. Also not difficult. Only charge what you can pay for. Pretty simple. I've never paid one red cent of interest to a credit card company. It's called discipline.

Therefore, my cost to the credit card company, is....calculating.....calculating....approximately zero dollars and zero cents.

Yet, I receieve 1-2% cash back from my credit card every year. Over $100 a year.

I am still shocked that people are trying to make a mathematical argument AGAINST credit cards. If you can pay for it in cash, it means you have the money to pay for it. If you have the money to pay for it ANYWAY, then charge it on your card, and get 1-2% cash back.