LilB0kChoy

You comment on a news article about Americans and credit cards and argue your opinion which has nothing to do with Americans or their credit cards.

In context your supporting statements for your opinion are factually wrong. You also have yet to explain your original comment.

Your reply and those under you are listing why credit cards are the better choice, however I wonder if they all know they are being played.

The slang term played usually means that you have been outwitted or used as a pawn.

How are they being played?

Those that use their credit card and pay it off in full are subsidized by the number of people that spend beyond their means.

How are they being subsidized?

I’ll be flabbergasted if you can answer either of those questions in any way that makes sense in the context of Americans and their credit cards.

I hope you learned something because I’m pretty sure your spurious statements have made me dumber.

Banks receive a marginally increased interchange fee (~0.1%)

interchange fees for cards are so similar? Or is that 0.1% the big deal?

Back this up because they are not similar. Credit cards charge higher interchange fees and the more people you have using your card, the more you're making in fees. Seems like an incentive to try and get someone to use your credit card instead of a debit.

Banks incentivise the crap out of credit cards

Every for profit company tries to incentivize their product. I know there are grocery stores in the UK. When they run a sale, promotion, or discount like I've seen posted online for items close to expiration they are incentivizing the purchase of that product.

You made a claim that people who use cards responsibly and take advantage of rewards programs are being "played". How? You also seem to blame-shift the choices of those who spend beyond their means to those who don't. A person chooses to apply for a card, a person chooses to use that card, a person chooses to spend more than they can afford. That choice is on the individual making it, not some other person who doesn't make bad choices.

Debit and credit cards have their benefits and drawbacks but either is a viable choice when used responsibly and a bad choice when used irresponsibly. The thing you're upset with is poor banking regulation, not responsible card owners. The fact that a bank can charge multiple $10, $20, $30 dollar overdraft fees on a debit OR usurious interest rates is an example of a private entity not being kept in check and being allowed to exploit people.

Receiving a service for free means it is subsidized.

It’s not free. It costs an interchange fee, just like a debit card. That’s not paid by users of the card. At most it’s “subsidized” by the business, or maybe everyone if those interchange fees are built into the product price, in which case the card user is indirectly paying for it.

I'm sorry, you have mistaken me for an American

Almost like banking regulation isn’t universal, making your claims ambiguous rather than outright wrong. Especially without any supporting evidence to your claims.

You have yet to convince me that.

Ok, whether you’re convinced doesn’t change the fact your statements are wrong.

It is obvious that banks have the ability to make more off their users bad choices when using credit cards than they do debit cards.

Prove it. Many banks (in the US) charge exorbitant overdraft fees that make them billions and f dollars a year.

Just because you and I are capable of managing our funds well, isn't the case accross all.

Explain how one persons inability to manage their finances is the responsibility of someone who manages theirs responsibly? Banks engage in plenty of dubious, and sometimes outright illegal, activities. Blaming them because an individual doesn’t have the common sense to spend more on a credit card than they have is patently ridiculous.

I worked for a UK bank for 4 years (2004-2008), however the opinion I am portraying here doesn't need any inside knowledge, its just common sense.

Opinion. Your opinion isn’t in question. The statements you make to support it, without any evidence, are. You seem to think that when you have an opinion any claim you make around that can just be supported by how you feel.

You know what’s just common sense? Understanding that if you have X amount of money, spending X+1 on a credit card is a poor choice because you can’t pay it. That’s personal responsibility and trying to pass that responsibility on to people who are “being played” by not doing that is blame-shifting.

Those that use their credit card and pay it off in full are subsidized by the number of people that spend beyond their means.

That’s both factually wrong, other users already explained it to you, and patently ridiculous. How exactly is someone who uses a card and then pays the bill in full every month subsidized? I don’t think you understand the word subsidized.

So why don't debit cards have the same set of features? Because banks want you to use the type of card that has the most return potential.

This is also wrong.

The Durbin Amendment capped interchange rates on debit cards and debit card rewards programs began disappearing because of it.

You make multiple factually incorrect statements. Whether it’s better to use a credit or debit card is a matter of opinion, your other statements are just wrong.

Deodorant is blue, deodorant + antiperspirant is white in the store. It’s also all aluminum free now which sucks. I miss the aluminum deodorant gel.

Those that use their credit card and pay it off in full are using them responsibly, the way they should be used.

FTFY, the rest of your comment is just wrong.

I don’t do that. I only thaw and grind enough for about a month’s consumption at a time. I got ~6 pounds of coffee for Christmas and only have a cup a day usually.

I was just providing my process because it seems, unintentionally, well designed to avoid condensation.

Good to know! Thanks! I vacuum seal what I can’t get in jars and let it all thaw freezer > fridge > ground.

I use old mason jars to store my whole bean coffee in the freezer until I’m ready to grind and use it.

A coffee aficionado can probably chime in on why this is bad, but uts the best use I’ve found for the jars.

I know how to sit on a fence. Hell, I can even sleep on a fence. The trick is to do it face down with the post in your mouth.

Same with coffee. I believe it’s actually caffeine that can work as a diuretic.

I wasn't here. It's a pretty common saying. You might want to log it away for future use.