tag:blogger.com,1999:blog-26277603.post-36100687845373046902007-06-15T16:04:00.000-05:002007-06-15T16:04:00.000-05:00Just to respond to Gary's comment on my comment:<BR/><BR/><I>Gary wrote:<BR/>...Mase, in order for you to have lowered your interest rate on you credit card repeatedly, you would have had to have incurred an increase in your interest rate repeatedly. Sounds as if you don’t use your cc wisely or the cc company has screwed you. Also, you only receive enough perks to outweigh the fees if you SPEND the money. You can reserve with a debit card as well, and the protections are still there. $90 annual fee!!!! I didn’t know they went that high. I hope that you take Miel’s advice and call them to try to get the fee waived....</I><BR/><BR/>To clarify, I've lowered the interest rate on each of my cards -- which is what I meant by "repeatedly" (not repeatedly on the same card). Thus, no repeated rate increase, no unwise use by me, no being screwed over.<BR/><BR/>My point on perks was exactly because I spend the money. This is money I'm going to spend anyway, so I might as well earn perks with it.<BR/><BR/>Yes, you can reserve a rental car or hotel room with a debit card, but only those affliated with a CC company. I did not dispute that, only that the benefits of using a CC outweigh, for me and other diligent users, using a debit card.<BR/><BR/>And, yes, for my high-fee card, I have called and have gotten it waived each year (sometimes it takes a few calls -- I call back if the PSR I speak with is not receptive).Masenoreply@blogger.com