Credit card sales still the safest way to pay
ReutersVideo asked:
Shoppers need not panic in the wake of one of the world’s largest credit card information thefts. Some shoppers got more than just bargains at TJ Maxx- they became the victims of fraud. But consumer advocates say that using a credit card protects customers much better than debit cards, checks, or cash…both online and in stores.
Dennis
Josephine
Get a pre-paid card,that’s the way,the go,I have the babyphat rushcard,you can go on the website,and check your balance and everything,you need to know is on the website,I love it,but I do want at least 1-2 credit cards at least,just to have incase of an emergency,or something,and if I don’t have money on my rushcard,having credit cards would be good,for that.
Kyle
I often buy tiny items with a credit card. I’m talking under one dollar at supermarkets. But I never pay any interest because I pay the card in full the following month. Instead, I get to keep my money earning interest in the bank for over a month before I take it out to pay. It’s not much, but it makes me more money than if I paid cash at the till.
Scott
No they are not. Anthony is stupid. (excuse me what I said) But he is. Credit Cards ar EVIL….EVIL!! E-Edward V-Victor I-Ida L-Lincoln
Ricardo
Did anyone see that the guy in the last seconds of the video? If so, he used his credit card on a cup of coffee. Who wants to pay interest on a cup of coffee? Not me. Have you ever noted that people use credit cards on food, specifically at Taco Bell? Who in the right mind would pay interest on food. Not me. I think thats how the Great Depression started, with people buying on credit. Please reply if you feel the same way.
Rita
Great report.
Stacy
majority cant pay off their credit card bill in full every month….credit check card is the way to go…only pay what u can afford.
Jay
Someone please help me! All my cash was stolen today and my social security number and personal information that I write on every bill is in their hands!
DUH!
That’s about the only way cash is unsafe.
Floyd
Im about ready to pull my hair out. This Anthony guy is a complete idiot! Credit Cards are the safest way??
Scott
the easiest way for someone to make unauthorized purchases with your cash is to walk into a store with you cash that they stole and pay for an item. Very simple and no protection. They don’t even have to steal your identity!
Rick
Right on! Credit cards are just a way for rich corporations to skim the economy of working class people. They not only get a cut of your sale, they also get your interest and fees on top of that! They’re like a giant boat anchor on the economy.
Ricky
Cash is the safest way to pay. How can someone steal your identity or make unauthorized purchases when you use cash? Credit cards are are a way for rich corporations to skim the economy. They not only get a cut of the sale, they get your interest and fees too.
Willie
Cash is the safest way to pay. Tell me how anyone can steal your identity or make unauthorized purchases when you pay cash? Plus, the information at TJ Maxx was stolen in 2004. Old news. If you haven’t been hit by now, don’t worry.
Matthew
matt of course you agree you sell stuff online, I do also but dont sell your sell also be honest CC are not good
Clifford
bullshit propaganda pay with cash stop paying interest on your money
Mark
I agree 100%! Especially when using the MasterCard PayPass system. Very secure. Good advice in this video.
Stanley
sorry Reuters This is propaganda bullshit! folks do not use credit cards. period they carry High interest rates and hidden fees, use cash.