The other day on the radio I heard about a coffee shop that no longer takes cash! They only take credit cards. The owner said that since they have become a credit card only establishment that they have not had issues with employee theft or losing money! Also, she said that they don't have to run to the bank throughout the week to get change and drop off deposits.
I found this very interesting because it seems like the world is no longer a "cash operation" and I find myself never having cash!
One thing that we always look for when owning a credit card are the following things:
* 0% balance transfer[s], balance transfer credit cards
* cash back credit cards, reward credit cards
One thing that we just recently noticed with one of our cards that we've had for many years and spent thousands on is that we had these "reward" coupons that were unclaimed! But over 5 years of card ownership and thousands spent...we only accumulated a $25.00 Sears Giftcard! They made that much on us during one month of interest!
One place to compare credit cards, credit card comparison through the CreditCardStore. They offer grids that will perfectly illustrate what cards might be best suited for your financial and spending needs.
We recently paid down our credit cards after owing over $30,000 and I can honestly say that I don't care if I ever use another credit card again!
Of course...I'd have to change my tune if I wanted to go to the favored coffee shop listed above!
This post sponsored by: http://www.creditcardstore.co.uk
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