04-24-2021, 11:57 AM
It's always about six of one, half dozen of the other when it comes to a 0% interest rate vs. a lower price for cash.
Oh yes, the credit card companies are more than happy to let you maintain your principal balance and pay usurious interest in perpetuity. My approach is to get a no-fee cash rewards credit card and pay the balance in full each month. The nice thing about credit cards: if there's fraud, it's their dime that was stolen, not yours. Whereas fraud on your debit card could drain your entire bank account, leaving you standing out in the cold.