Wanting to switch banks - Quick question about FNB

PsYTraNc3 said:
"Except that by insisting on credit FNB is relying on overspending and staying in debt"
- Is that not the same as with all credit cards?
It's up to the individual to control their spend...
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Which begs the question of why should I even need to get a credit card when I don't really need it.

PsYTraNc3 said:
"You also have to use between a certain amount of credit irrespective of what you're actually earning so the last part isn't so correct"
- Please explain... I don't see why I HAVE TO use any more than what I usually do.
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You HAVE to use a certain amount of your allocated credit so that part may be true for you but it's not necessarily true.
 
PsYTraNc3 said:
Why do I have to leverage the 55 days?

I use the credit card mostly to earn ebucks and get that whether going into a negative balance.
I even get paid (a very small amount) of interest on my positive balance.

Going into a negative amount is something I would use only for emergency.

I always have a good positive balance on both my cheque and credit card.
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Absolutely no need to leverage if you don't need it.

Cash is king. Even in the form of plastic.
 
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Swa said:
Which begs the question of why should I even need to get a credit card when I don't really need it.
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1. To up your credit rating
2. For ebucks
3. For emergency

Swa said:
You HAVE to use a certain amount of your allocated credit so that part may be true for you but it's not necessarily true.
Click to expand...
I still don't get what you're trying to say here.
Why do I HAVE to a certain amount of my credit? I don't... and never do.
 
Clearly OP does not understand the concept of a credit record and how to manage it. If you are afraid of using your credit card account as a transactional account, then stay away.
 
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