Originally Posted by Jaie
I do agree credit, if used well, is a powerful tool. But the facts are, that those of us who don't have bad credit, still get turned down for decent cards. And the last one offered had around 19% interest so I figured I'd pass
I do see what you're saying and I agree that yes, those interest rates can be KILLER. I try to avoid this by paying off anything I charge ASAP. You do make a good point though, Jaie.
But getting back on topic back when I had Wachovia anytime I used my debit card I would get an entire dollar put into a special higher-yield (though that still can't touch my current 2.75% ING) savings account. That was one thing I loved about Wachovia, much better then BofA's keep the change program.