11 Purchases You Should Never Make with a Credit Card


Credit cards are a double-edged sword. They can help you improve your credit score and obtain significant loans for a home or a car. On the other hand, used incorrectly, they can leave you with a credit card balance that will eat you alive. To make sure you don’t end up with a financial guillotine over your head, stay away from making these 9 purchases with a credit card.

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4 thoughts on “11 Purchases You Should Never Make with a Credit Card”

  1. 10

    Most of these ‘you should never buy with a credit card’ assume it’s being done because the purchase is an unaffordable luxury – or a bill that should be payable in cash. But I get back 3% on my grocery purchases, 4% on my gasoline purchases, and 5% on my Internet / cell phone / streaming services, 3% at gas stations, and 5% back on any Amazon purchases. Anything else I get back at least 2% with my City Double Cash card. (1% when you make the purchase, 1% when you pay the bill.) In the course of a year I get back many hundreds of dollars. Oh, and I pay $0.00 in ‘interest’ and $0.00 in annual card membership charges.
    For those who have some financial discipline, it makes total sense to buy with a credit card those things you recommend against. OTOH my brother and sister in law are terrible with money and they only use a debit card so they can’t go into debt yet AGAIN.

    1. That’s true I use my citi card for same but you really have to be on track I pay the next day to pay off the bill that way get the cash back points and can pay the next bill on time you just got to Be Careful I do the bills so I can watch it and have reminders set some people can’t not because they want to ruin credit but sometimes life emergencies happen

  2. 3

    I always autopay my medical bills, utility bills and business bills. I also spend about $100,000 in Visa purchases annually. I never pay late/credit interest. My credit score is 836 Experian. Pay your credit cards in full every month and you will have great credit and live within your means (I started this way when I only made $24,000 annually in 1981).


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