Quote:
Originally posted by sycamore
--Rent a car (b/c most places demand a CC to secure a deposit...and even with a MC or Visa logo on a debit card, many places will either not accept it if it's just a debit card, or their card readers may be unable to properly read the card).
--Rent a hotel room (same thing).
--Shop easily online. (What a lot of banks fail to mention is that even though your debit card may be a Visa or MC debit card, they don't always work as well as a Visa or MC credit card does...for whatever reason, the cards don't always read properly.)
--Actually get a MC or Visa debit card. (Most banks actually check your credit now before they'll issue a debit card with either logo. If your credit sucks, you'll only be able to get a plain ol' debit card.)
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uh, it may not be the same across the country (although i dont know why it would be different) but i can and have done all these things having only a debit card (visa logo). i do agree that a credit card goes a long way to establishing credit, i dont have one simply because my credit isnt good enough (yet). my wifes credit has improved immensely since gettting a couple low-limit credit cards and using them responsibly.
~james