Is it normal... - TranceAddict Forums

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-- Is it normal...

Posted by dbb on Nov-19-2005 17:55:

Is it normal...

to have around 3-4000k on your VISA at all times, without spending it all?

I'm rather suprised over my self controle. I rarely buy stuff, and I rarely want stuff.

Normal?

Posted by Lepanto on Nov-19-2005 17:55:

yes.

Posted by UWM on Nov-19-2005 17:58:

Normal and responsible.

Posted by jupiterone on Nov-19-2005 17:58:

The more you save the better off you will be.

I live by when i make my first million dollars...i can start having fun. till then work and save.

Posted by Boomer187 on Nov-19-2005 17:59:

ur crazy, put everything on your credit cards, you don't have to pay them back ever

Posted by Mr. Pink on Nov-19-2005 18:06:

Tsk tsk tsk....Boomer....everyone knows the devil has a standing contract with all credit card companies..

thou who doth not payeth his bill in life....shall payeth the bill in the fiery pits of HELL!!!!!!1

Posted by Boomer187 on Nov-19-2005 18:15:

quote:
Originally posted by Mr. Pink
Tsk tsk tsk....Boomer....everyone knows the devil has a standing contract with all credit card companies..

thou who doth not payeth his bill in life....shall payeth the bill in the fiery pits of HELL!!!!!!1

oh I know, but if I get 5 people to max out their cards then I get out of going to hell.

Posted by Zewad on Nov-19-2005 20:43:

quote:
Originally posted by Boomer187
oh I know, but if I get 5 people to max out their cards then I get out of going to hell.

you made a deal with the devil...

a good deal too..

Posted by SlickT on Nov-19-2005 22:09:

i have 5000 on my mastercard and i maybe only use a hundred a month

Posted by LuNaSeA on Nov-19-2005 22:12:

it's good actually. credit card debt really does suck..

ot: the best thing to do if you want to build your credit is to just make small purchases and pay off the full balance every month.

Posted by Spartan on Nov-19-2005 22:31:

quote:
Originally posted by LuNaSeA
it's good actually. credit card debt really does suck..

yeah it sucks, and what I don't get is they break your arm, but you still owe them the money!

Posted by MeLLyMeL on Nov-19-2005 22:33:

Re: Is it normal...

quote:
Originally posted by dbb
to have around 3-4000k on your VISA at all times, without spending it all?

I'm rather suprised over my self controle. I rarely buy stuff, and I rarely want stuff.

Normal?
i can help you spend that.

Posted by Lepanto on Nov-19-2005 22:55:

quote:
Originally posted by LuNaSeA
it's good actually. credit card debt really does suck..

ot: the best thing to do if you want to build your credit is to just make small purchases and pay off the full balance every month.

agreed. if you sit there with your credit car without spending a dime you're APR will never go down and you'll have no credit history. When I got my first credit card (i got it along with my ATM card from Apple Bank, for students with a really low APR) and the women told me that having a credit card and not using it is worse than not having one at all, towards your credit history.

Posted by colonelcrisp on Nov-19-2005 23:39:

i have one, maxed it ou t then forgot about it for 2 years.... man i am living to regret that one......

but then the company sends me a new card? i was like wtf, i owed you guys 5000 bucks for 2 years and the only way you found me was cause you found my grandpas number in teh phone book lol.

so now they give me a new card, transfer what was left of my balance, and gave me a 5.8% rate on teh new one.

fuckin dumb bastards.... if i was them i would have taken me to the cleaners....

Posted by LiveTheDream on Nov-20-2005 00:11:

quote:
Originally posted by colonelcrisp
i have one, maxed it ou t then forgot about it for 2 years.... man i am living to regret that one......

but then the company sends me a new card? i was like wtf, i owed you guys 5000 bucks for 2 years and the only way you found me was cause you found my grandpas number in teh phone book lol.

so now they give me a new card, transfer what was left of my balance, and gave me a 5.8% rate on teh new one.

fuckin dumb bastards.... if i was them i would have taken me to the cleaners....

Dude 5k is nothing to them, they waiting till your 60k in debt, then they will take you to the cleaners. Thats why they give you a new card, they know you will just spend it.

Posted by Arbiter on Nov-20-2005 00:33:

Normal? Maybe. Good? Yes.

My limit's about 10k, and I've never used more than a small fraction of that. They just keep raising it. I guess they hope maybe I'll overspend and they'll get to charge me some interest. Not gonna happen, though.

Posted by SidMl on Nov-20-2005 00:49:

They increase the limit because they know you're probably going to be good for it and might need it.

When I was in college I usually used to spend $200-300 a month on my credit card but used to keep on asking them to increase.

Twice a year I'd go on vacations and spend like $3k in a month - that's when the higher limits come handy.

Now that I've started working, I spend a lot more and put pretty much everything on the cards but pay it off in full every month. I'm addicted to collecting points & miles.

Posted by Purple on Nov-20-2005 12:07:

quote:
Originally posted by Boomer187
ur crazy, put everything on your credit cards, you don't have to pay them back ever

How?

Posted by Allied Nations on Nov-20-2005 12:17:

quote:
Originally posted by SidMl
They increase the limit because they know you're probably going to be good for it and might need it.

When I was in college I usually used to spend $200-300 a month on my credit card but used to keep on asking them to increase.

Twice a year I'd go on vacations and spend like $3k in a month - that's when the higher limits come handy.

Now that I've started working, I spend a lot more and put pretty much everything on the cards but pay it off in full every month. I'm addicted to collecting points & miles.

I love your alliance.

Bash Street Kids FTW!

Posted by dbb on Nov-20-2005 12:32:

Hmmm... My visa isn't a credit card. It just holds the money on a certain account. The rest I have on a high interest account. Maybe it's a waste having cash on the visa account, when I get crappy interest and seldom use it :P

Posted by raph93 on Nov-20-2005 12:55:

i have 45k on my accounts, and i use only maybe 300/month

Posted by Mindphaser on Nov-20-2005 14:04:

wow... i would spent it in a day.... np at all

Posted by Lepanto on Nov-20-2005 14:11:

quote:
Originally posted by dbb
Hmmm... My visa isn't a credit card. It just holds the money on a certain account. The rest I have on a high interest account. Maybe it's a waste having cash on the visa account, when I get crappy interest and seldom use it :P

you mean a checking account?

Posted by raph93 on Nov-20-2005 14:51:

quote:
Originally posted by Mindphaser
wow... i would spent it in a day.... np at all

i don't think so...it's too long & hard to earn

Posted by Carriegsxr6 on Nov-20-2005 15:07:

If it really bothers you and you dont think you ever intend on using the 5K, then the best thing you should do is have them lower your limit. this way it the tempation is removed.