Why One Credit Card Nerd (Mostly) Doesn’t Use Credit Cards

Thoughtful woman with laptop and credit card sitting in living room

Using a credit card for your daily purchases can net you rewards and give you purchase protection that debit cards can't match. Using a credit card for daily purchases can lead to overspending and result in high-interest debt. Both of these statements are true, but the latter statement tends to be truer for me, a credit card team Nerd.

For those who use credit cards to earn rewards, don't overspend and always pay their balance in full, a credit card can be a great tool in their financial arsenal. Even though I understand the benefits of credit cards inside and out, it's not a tool that works for me on daily purchases.

Originally published on nerdwallet.com, part of the BLOX Digital Content Exchange.