In Search of Peace of Mind and Savings. That's Just Plain Smart! Yuppidido!
Friday, December 27, 2013
The Price of Credit Cards
I have been an advocate of using credit cards as a means to earn a little back. However, upon returning from holiday travel, I opened up a credit card statement online only to discover that someone charged $1020 on my credit card to purchase airfare on American Airline and an additional $7 charge using Expedia. Having just started my staycation, I am on the phone together with my husband to combat credit card fraud. It was bad enough that Target's database had been breached, and I was not sure whether we had made any visits to Target during that period of time. Now, part of my vacation is wasted on making sure that we are not responsible for this latest credit card fraud. In fact, just a few months ago, we fought three online purchases from a high-end bicycle shop with Discover Card, and this even threw off someone auto-payments using the old number. There have been times when the credit card company automatically shuts our card down as a preventative measure. So, I am starting to wonder whether this whole game is worth playing. On the other hand, nobody buys a TV online without a credit card; that seems foolish. Well, there is a great price to pay with credit card. And I pay in full every month. The question to myself is at what point will I be fed up.