Comments on: Which Type of Credit Card User Are You?

By: Michelle

Michelle — Thu, 14 May 2009 01:09:51 +0000

Revolver hoping to become a non user. I am trying hard to curtail my spending and try to pay the most I can towards my bills. I even paid one off!

By: MoneyEnergy

MoneyEnergy — Tue, 21 Apr 2009 05:19:37 +0000

Max Payer is definitely the ideal. I’m not sure I would ever recommend the arbitrage thing. Right now I’m a hybrid between Max Payer and Revolver. I always pay more than the minimum, and right now I’m actually a Max Payer but still have debt left over from when I wasn’t able to pay it off in full. So the balances are coming down.

By: Broke Grad Student

Broke Grad Student — Mon, 26 Nov 2007 08:23:11 +0000

I'm a Max Payer, always have been, and hopefully always will be. I recently wrote about why I use credit cards on my blog.

By: Thirty and Broke » Blog Archive » The Weekly Roundup - First Edition

Thirty and Broke » Blog Archive » The Weekly Roundup - First Edition — Sun, 14 Oct 2007 21:31:09 +0000

[...] What Type of Credit Card User Are You? Patrick over at Cash Money Life wrote an interesting article on the different types of credit card users. Ten years ago I would have defenitaly fallen into the Revolvers category. For the last 5 years I’ve been a Non-User. I have no credit card debt, but with our goal of buying a house in the next 3 years I will have to start using a few cards to boost my FICO. [...]

By: Mrs. Micah

Mrs. Micah — Sun, 14 Oct 2007 19:29:33 +0000

We’re a cross between 5 & 1. We’re paying them off and don’t plan to use them. But if we do, for some reason, we don’t plan to carry a balance.

By: Eric

Eric — Sun, 14 Oct 2007 14:39:00 +0000

I’m a reformed Revolver who has been a Max Payer for a while now. Once I got strict about being a Max Payer, I went out and did the research to find the best rewards card for me. It’s great to be making at least some of the money back from the credit card company

By: Moolanomy weekly roundup #12: “Hello Readers” edition | Moolanomy

Moolanomy weekly roundup #12: “Hello Readers” edition | Moolanomy — Sun, 14 Oct 2007 14:01:38 +0000

[...] Which Type of Credit Card User Are You? @ Cash Money Life — Cool post about our relationship with credit card. I am a “Max Payer.” [...]

By: Pinyo

Pinyo — Sat, 13 Oct 2007 23:35:47 +0000

This is a very clever post. I am a Max Payer, and I agree, this is the only way to go.

By: Patrick

Patrick — Sat, 13 Oct 2007 17:14:24 +0000

ispf,

It’s hard to argue with $2,000 extra income per year! But, it has to be something people are comfortable to do, and most people just aren’t. Congrats on using the system in your favor!

By: ispf

ispf — Sat, 13 Oct 2007 16:55:37 +0000

At present I am a hybrid of max payer and arbitrager.

Brip Blap: I make ~$2000 from credit card arbitrage a year. It makes up for all the unaccounted “indulgences” I have throughout the year If the interest rates by online banks keeps going down though, I might also get out of the game, since the returns will no longer be worth it. But for now, why say no to free money?