[calbear81]

Totally agree. I know it's a different situation in Europe/Asia in regards to debit vs. credit card usage, but I transact almost exclusively on credit unless it's under $5 because:

1) Cash Back - I get about 3-5% back on all of my purchases which adds up to a few hundred dollars a year in cashback money. 2) Fraud and Price Protection - I've had my card stolen twice and in both cases, I just reported the lost card and I had zero liability. I also have AMEX that gives you price protection and a longer warranty for free on things you buy. 3) Credit Building - You need to build credit so having at least two credit cards in good standing with a long account history is important. This makes financing a car/house much more easily later in life.