What are the pros and cons of a rewards credit card?

10-29-2007, 01:36 PM

I always see cards that get miles, money for disney, whatever...and wonder if they are worth it. Some people are all for rewards cards...others swear they are not worth it, rates are too high etc.
Which really is better, and under what circumstances/spending habits? I am the kind who only uses a card when I NEED to, and in fact will only be getting one because I need a new laptop. What do you think?
Thanks in advance.
I know that credit cards arent good, and as I said I only use them for emergencies. A lap top is a necessity for me, to both study and work, and I was expecting a few more months out of it to save up. As is, dying right before my sons birthday and christmas, to pay with cash I would either be broke for getting the one I need to do what I do, get another sub-par laptop and spend a good half of my day yelling at it and thus becoming less productive, or I need to get a card so I can make only small payments until I get through the holidays, after which I would pay as much extra as I had until I was done.

drivel · 10-29-2007, 03:13 PM

Quote:

Originally Posted by geeky_mommy

I always see cards that get miles, money for disney, whatever...and wonder if they are worth it. Some people are all for rewards cards...others swear they are not worth it, rates are too high etc.
Which really is better, and under what circumstances/spending habits? I am the kind who only uses a card when I NEED to, and in fact will only be getting one because I need a new laptop. What do you think?
Thanks in advance.
I know that credit cards arent good, and as I said I only use them for emergencies. A lap top is a necessity for me, to both study and work, and I was expecting a few more months out of it to save up. As is, dying right before my sons birthday and christmas, to pay with cash I would either be broke for getting the one I need to do what I do, get another sub-par laptop and spend a good half of my day yelling at it and thus becoming less productive, or I need to get a card so I can make only small payments until I get through the holidays, after which I would pay as much extra as I had until I was done.

Since the original poster will never see my answers, do I have free speech with respect to this Yahoo's post. I mean these yahoo posts.