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by cowpig 2518 days ago
Well, if it worked out for you I guess that settles the debate!

Wait, I think it's _disproof_ that relies on one _counter_ example. I guess it's easy to get confused.

1 comments

It's easy for anyone. Credit cards aren't an essential service necessary for modern life.
>> you can still do all those things without a credit card. It'll just be somewhat more complicated.

You certainly can't show up at a hotel and check in without a credit card at any hotel I'd consider stay at

You also can't rent a car from a major carrier without someone's credit card securing it

I have personally paid for hotel rooms at incredibly popular major hotel chains using a debit card.

You can also definitely rent a car some some of the major carriers without a credit card. See: https://www.bankrate.com/personal-finance/smart-money/can-yo...

Definitely not all locations all the time (see: "somewhat more complicated").

You can absolutely do both of those things. I book and check in with debit cards routinely, and there are major carriers that rent cars on debit cards.
There's one gotcha though with using a Debit card for car hire where you cannot access the money for the holding deposit until the hold is released. Learnt that the hard way.

With a credit card it's not money you intended to use so you don't care - unlike cash in your debit account.

Booking a hotel without a credit card requires a deposit. I've had to pay up to a $500 deposit on a hotel stay before. Yeah you get the money back after, but not everyone has that type of money laying around.
Not to mention that the deposit will not be available until 3 to 5 business days after you check out. It usually takes that long for the release to go through. (because obviously in this day and age, technology is not yet fast enough to process a transaction in mere seconds).
You can often (maybe even usually) ask to have deposits and authorizations waived.
Renting a car; renting a hotel room, being able to travel easily and spend money in a foreign country.
Yes, some of those things (not the hotel room though, a debit card will do just fine for that) become more complicated without a credit card. But that is because you are, essentially, asking someone to loan you money. As soon as you start doing that it's reasonable for them to want to participate in a system that helps them understand how risky you are.

Plus, all that being said, you can still do all those things without a credit card. It'll just be somewhat more complicated.