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Old 08-09-2005, 01:16 PM
BCompDude BCompDude is offline
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Default Re: Virtual banking, the big advantage?

34saving, as long as whatever comes up allows you to pay by credit card--and you can pay that card off before any interest charges accrue--there is nothing wrong with that ideology. In fact, I use my credit cards for everything I can--down to McDonalds purchases--so I can track my expenses easily at the end of the month and I earn 1%-5% back versus nothing for cash. However; there are a few places that I frequent that for whatever reason still don't accept credit cards and in those (albeit rare) instances I would be out of luck if I relied solely on my credit card for my backup plan. I relish the day when I no longer have to write out paper checks--yuck!

An example would be the plumber--he doesn't carry around a credit card machine with him and requires payment before work commenses, hard to do with a credit card.
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