> You're basically giving somebody access to your money to be used at their leasure.
Well, it’s the issuing banks money, not mine. At the end of the day the process ends up the same. If I tell the credit card company to pound sand on a charge I disagree with they send me a bill and then send it to collections.
If I tell the rental car company to pound sand, they send me a bill and send it to collections.
You actually have more power and leeway when using a credit card because if there are enough disputes or issues then the rental agency can be banned from access to the network. If you pay with cash there’s nobody else involved.
The credit card is even better because if you dispute a charge and have evidence you have someone on your side against the rental agency.
Even with all that being said, it’s worth getting a few thousand or so bucks/year back in cash back on the off chance something like this happens while you continue to pay full price for everything you buy.
Well, it’s the issuing banks money, not mine. At the end of the day the process ends up the same. If I tell the credit card company to pound sand on a charge I disagree with they send me a bill and then send it to collections.
If I tell the rental car company to pound sand, they send me a bill and send it to collections.
You actually have more power and leeway when using a credit card because if there are enough disputes or issues then the rental agency can be banned from access to the network. If you pay with cash there’s nobody else involved.
The credit card is even better because if you dispute a charge and have evidence you have someone on your side against the rental agency.
Even with all that being said, it’s worth getting a few thousand or so bucks/year back in cash back on the off chance something like this happens while you continue to pay full price for everything you buy.