Katherine Hamilton
speaker
654 appearances
14 recordings
1 series
first heard Apr 2024
last heard Jan 2025
Katherine Hamilton’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
The biggest risk is accruing debt because these are huge recurring payments and it can build up really fast if you're not keeping up with the payments.
voice-verified
Credit card interest is around 22% right now, so that's going to quickly overshadow any 2% rewards that you might be getting back with using a credit card.
voice-verified
There's a few different reasons you might want to do this.
voice-verified
Obviously, when you pay with a credit card, you can give yourself a little more leeway, a little more time to pay off that expense.
voice-verified
There is also a little more security than, say, a direct deposit from your bank account.
voice-verified
And you can also build a credit score.
voice-verified
But the main one that we're going to be talking about today is points and rewards, cash back that you might get when you use a credit card to pay for something.
voice-verified
One of the main reasons why this is kind of increasing right now is because a lot of bill payment is now online.
voice-verified
So, for example, a lot more people are paying their rent online.
voice-verified
And a lot of these online platforms do accept credit cards as a payment.
voice-verified
So it's not like you're writing a check to your landlord anymore.
voice-verified
You can now pay with a credit card.
voice-verified
The biggest risk is accruing debt because these are huge recurring payments and it can build up really fast if you're not keeping up with the payments.
voice-verified
The best thing to do if you're going to use a credit card to pay a bill is know what your payoff plan is, know that you have enough money to pay it off pretty quickly.
voice-verified
Because once you start accruing interest on debt, credit card interest is around 22% right now.
voice-verified
So that's going to quickly overshadow any 2% rewards that you might be getting back with using a credit card.
voice-verified
So the biggest thing is interchange fees, which is a fee associated with using a credit card to make a payment.
voice-verified
And usually this isn't too big of a deal when you're buying milk and eggs at the grocery store because a lot of vendors take that fee into account and they either build it into the price or they eat the fee to keep their prices competitive.
voice-verified
But when you try to pay something like utilities or rent, the landlord is not going to want to take 3% out of his rent payment.
voice-verified
Showing 381–400 of 654 · page 20 of 33
← Previous
Next →