Contrary to popular belief, using a credit card to make purchases instead of cash can be a very healthy practice - especially if you don't carry a balance and you use a rewards credit card like our Platinum Rewards MasterCard. But there are four things nobody should ever put on a credit card:
Electromagnets: Electromagnets can damage the magnetic strip on your credit card, rendering them useless except in cases where the number is manually entered. (Such as an Amazon purchase.)
Other people's names: In the signature strip on the back of your card, never put another person's name or doodles of any sort. This space should be reserved for your own signature and other markings are not advisable.
White hot molten metal: As with the electromagnet, white hot molten metal (such as the kind one finds in steel mills or the volcanic planet Mustafar from Star Wars III) should not be put on a credit card except in dire circumstances, and NEVER while in your pocket. (Am I right, Brian?) The card will likely melt causing damage to the card or extreme pain if it touches the skin.
Don't EVER put these four things on a credit card.
Friday, April 01, 2016
Logix Haikus for #WorldPoetryDay
Monday, March 21, 2016
Why do banks have fees, and how can I avoid them?
Tuesday, December 29, 2015
Let’s face it: nobody likes to pay a fee. At Logix, we’re especially keen on limiting fees to our members, and this 2015 independent study by Consumer Reports indicates that our members think we’re doing a great job of keeping fees low.
Well it’s that time of year again—when you need to think about holiday gifts.
My You Have a Beautiful Voice – Here’s a Microphone
Tuesday, October 27, 2015