Credit Cards!

**CVT** · July 22nd, 2007 02:19 PM

I am using credit cards for many years now. Nowadays, mas lalong naging convenient ang paggamit nito dahil almost all establishments are honoring it here in the Philippines.

Opens up a lot of opportunities for internet purchases, too....

3303:shocked:

**oldblue** · July 22nd, 2007 02:22 PM

Originally Posted by MACpod

lupet nang credit limit mo bro! yup imagine the power of it...hehe but beware of how fatal it could be.

bata pa ako I'm very much aware of the danger of credit card. yun mga pinsan ko sa states baun sa utang dun. noon nandun ako some years ago, inggit na inggit ako sa kanila, they buy cars, cd's, signature clothes, stereo and eat pizza like there's no tomorrow. lahat charge sa cc. and to think, noon andito sila hindi pa nakatapos ng college or jeepney driver lang.
paguwi ko nga may isang balikbayan box ako ng CD's, players, signature clothes used and bnew, puro ayaw na daw nila hehehe

ngaun balita ko baun sa utang talaga, and they have to work 3 shifts (siguro 5 hours of sleep na lang) just to pay for their luxuries. there's a good thing naman kasi they get what they want kung kelan nila gusto pero yun na ginhawa muna tapos hirap. I dont believe in that philosophy.

**haywee** · July 22nd, 2007 03:25 PM

I use cash debit card (mostly) and credit card. I use credit card to help maintain a good credit line.

**MACpod** · July 22nd, 2007 05:55 PM

Originally Posted by oldblue

bata pa ako I'm very much aware of the danger of credit card. yun mga pinsan ko sa states baun sa utang dun. noon nandun ako some years ago, inggit na inggit ako sa kanila, they buy cars, cd's, signature clothes, stereo and eat pizza like there's no tomorrow. lahat charge sa cc. and to think, noon andito sila hindi pa nakatapos ng college or jeepney driver lang.
paguwi ko nga may isang balikbayan box ako ng CD's, players, signature clothes used and bnew, puro ayaw na daw nila hehehe

ngaun balita ko baun sa utang talaga, and they have to work 3 shifts (siguro 5 hours of sleep na lang) just to pay for their luxuries. there's a good thing naman kasi they get what they want kung kelan nila gusto pero yun na ginhawa muna tapos hirap. I dont believe in that philosophy.

nakakatakot nman ung case nila. mahirap kasi tlga ung ginhawa muna tapos hirap. but sometimes you can't blame other people dahil gusto din nman nila maranasan ung luxury, nga lang may mga iba na di kayang i-control ung desires nila.

sarap nman tlga magka card dahil mabibile mo tlga instantly ung gusto mo pero dapat tlga piliting bayaran kahit pakonte-konte.

**raikkah** · July 22nd, 2007 06:07 PM

Ok nga din sya sa bills payment.... you only have to pay a single bill...

hindi na yung bayad ka sa meralco, sa globe/smart , pldt... internet..etc...

walang hassle sa buhay...

Isang pang good use ng credit card ko... last time na nagkabit ako ng wallpaper... wala akong yung pallete... so lumang card ginamit ko...
ok rin... at least for the first time, ginamit ko sya na wala akong nilabas talagang pera...

**jaspi11** · July 22nd, 2007 06:31 PM

displina lang po ang kasagutan dyan......sarap kasi mag shopping di ba.

**usong725** · July 22nd, 2007 07:17 PM

ok credit card. gamit ko halos sa lahat ng transactions: bills payment sa globe at meralco, pang gas, groceries, shopping, etc. i just see to it na may pambayad sa utang before due date kc anlaki ng interest. convenient pa magbayad kc pwede bayaran bill sa atm at meron kami atm sa office. hindi na kailangang lumabas. safe dhil hindi na kailangang maglabas ng pera.

nakakatuwa nga eh, dati pagkapasok ko sa work lahat nirereject lng application ko. ngayon sila na nagmamakaawa para lng i-receive ko ung mga binibigay nilang card.

isang kagandahan pag maganda credit limit eh waive na ung annual fee. Pag hindi nila ni-waive eh sinasabihan ko sila na i close na lng account since may card pa ako na iba. ayun, waive na nila. hehehe

**MACpod** · July 22nd, 2007 07:23 PM

isa pang advantage pag good standing ka sa card at wala ka nmang enough points for an annual fee waiver is takutin mong ipapa-cancel mo ung card mo.

i did it like 3 times na. ginawa ko since wla na akong points for an annual fee waiver (e ang mahal nang gold card annual fee) e tinakot ko na ipapa cancel ko na ung card ko. syempre alam nila na maganda ang standing mo at parang valued member ka tlga nila, itatanong nila kung anung reason ng cancellation. syempre sabi ko ayoko na kasing magbayad ng annual fee.
ngayon tanung nila kung iwe-waive ba, itutuloy pb ung cancellation ng card, sabi ko syempre hinde! hehehe
ayun e di halos 3 beses nakong naka libre ng annual fee. pero syempre hindi consecutive un, para di halata.
but again, gagawin mo lang un kung tlgang alam mong good standing ka (which means, you not only pay on time but you have some purchases na mejo malaking halaga).
syempre kung ituloy nila cancellation, e di ok lang, di din nman ako natatakot mawalan ng card dahil alam ko pag nag apply ako sa iba, e sure ma-aapprove ako dahil sa credit history ko.
at least na-utakan mo din sila sa pagwaive ng annual fee. hehe.

**empy** · July 23rd, 2007 12:53 AM

like some of you guys, i put almost all of my purchases on my Amex. i usually don't even carry any cash. this almost became a problem for me at the Arby's drive thru the other day when i got all the way to the second window without checking to see if they took the card...

...sabi ko kay wifey siya ang ibabayad ko kung di tumatanggap ng card :evillaugh

if you get rewards points, travel perks or cash back from your card, then it makes sense for you to put as much stuff on it as possible, as long as you pay if off by the first billing. same as cash yung outlay mo, you can float your payables for about a month, and you get rewards for basically free (if you have a fee-free card).

i've put electronics, hotel stays, and airline tickets on my rewards program. all for using the plastic instead of carrying around a bunch of smelly bills

**Helios** · July 23rd, 2007 01:53 AM

if you're not financially responsible or lack financial knowledge, then it won't matter whether you have plastic or paper. great powers come with great responsibility- spiderman didn't do too bad either.
for those who travel or planning to internationally, mastercard is mostly accepted worldwide. use visa if they don't accept masterc. although amex charges high fees than usual I still carry one as a backup- 1. in case I locked myself out 2. looks cool when it's transparent. anyway these 3 have diff perks and reward points and you lose plenty if you don't take advantage of it.