Is VISA card trying to immitate AMEX black card?

[rebeccaC]

Credit cards work to your advantage if you pay them in full every month.
But, most people don't have the discipline to do that.

My debit card pays 1.25% cash back, refunds atm charges from out of system atm's and is connected to a free checking account that pays money market rates for balances the size I usually keep in it. I only use checks for state/fed quarterly taxes, property taxes and car license fees. Everything else is either the debit card, cash or monthly expense direct debits from the checking account. I do use a company credit card for business purposes and get enough United mileage with the card and flying United for at least one free trip a year. I gave up credit cards after paying off the "undisciplined" balances from my graduate school years. It took my first year of working and living cheaply to do it. Debt for materialistic goods makes no sense to me anymore.