10 things you should never put on a credit card
Using a credit card is so convenient. These wonderful little pieces of plastic can make your life much easier. Plus, a credit card is an excellent way to build credit, which can help you secure the financing you need to buy a car, afford a home or take out any type of loan. But, you shouldn't use a credit card for every single purchase without analyzing the pros and cons first.
If you think it's OK to use your credit card for any and all purchases because of the perks and credit card rewards you'll get, think again. There are some purchases and scenarios where using a credit card is a bad idea because of fees, higher interest rates and the possibility of falling into credit card debt.
Here is a detailed list of some of the things you should never pay for with a credit card, along with why it might be a terrible idea to do. Granted, there might be some caveats and situations where using a credit card for these purchases actually makes the most financial sense. Still, consider the following arguments before deciding to whip out the credit card for these 10 purchases.
10 purchases you should never put on your credit card: