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[quote=Anonymous][quote=Anonymous]Serious question: If you have the money in the month, why are you putting that much on a credit card on a monthly basis for your living expenses? Why not just use your checking card and have it taken out your bank account?[/quote]

Some PPs have already answered, but I have another reason as well.

Some merchants will place a large hold on your card when charging something--for example hotel rooms when you are traveling.   I once used my debit card when I charged a hotel room.  In addition to charging the hotel room rate, they also placed a large hold (well, I think it was a couple hundred dollars, but at the time I was a college student--so that was a large amount to me!) incase I damaged the room, took items from the minibar, long distance phone calls, etc.   This hold was still in place several days after i checked out the room.   So the money was in my account, but I couldn't actually use it!   Like I said, at the time I was a college student, so that couple hundred of unusable money was a pretty big deal.

For most more established adults, the one time $200 hold up won't be a huge deal--but imagine if you were driving a long, multi day road trip, and each hotel you stopped at did this--holding up your cash for several days.   You could easily rack up a thousand in "held money" on your debit card.   For me, I'd rather have the holds on my credit card...  [/quote]

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