Comment on [Update: Valve Responds] Mastercard Denies Pressuring Steam To Censor 'NSFW' Games
lmmarsano@lemmynsfw.com 3 weeks agoI thought credit was the main selling point.
- Ability to dispute & reverse charges.
- Flexibility to keep cash in a higher interest account until payment is due.
- Not having to constantly check enough cash in is your low interest checking account (which you’ll keep low so your cash earns more interest elsewhere & to minimize losses in case of unauthorized debits).
bjoern_tantau@swg-empire.de 3 weeks ago
You have an account that earns interest?
Last time I saw that was as a child.
But then again I was able to get a loan for my house at ridiculously low interest, so I’m not complaining too much.
Modern_medicine_isnt@lemmy.world 3 weeks ago
Well think of it like this. I keep an amount in my checking account (basically no interest) to cover the credit card bills. Extra I move out to an online savings account that does have a ddcent interest rate. By having a date when the CC bill comes due, I can check once a month (7 days before due) and move money if needed to cover the bill. So while the checking has practically no interest, I was getting close to 5% on the savings for a while. Still a far stretch from the 12% cds I got as a kid, but it’s something.
SheeEttin@lemmy.zip 3 weeks ago
HYSA exist. My checking account earns a pittance.
whats_a_lemmy@midwest.social 3 weeks ago
You can occasionally find high interest checking accounts too, but they tend to have weird strings attached
lmmarsano@lemmynsfw.com 3 weeks ago
Yep, like this one, though it could earn more in bonds or investments.
Low-interest loans are great, too: if they don’t need to be repaid right away, they can be leveraged to earn back more than their cost.