Cabelas...just a big bank

[Code3GT]

Assuming one carries a balance month to month.

I use it exclusively. Pay everything I can with it ... electric, water, groceries, auto related ... I'd pay my mortgage if I could. Those are all expenses I'd incur anyway.

The rewards points add up pretty quick. I recently purchased a BRO AR10 using points.

I use mine this way too. I alternate between my bank CC and Cabela's. I've purchased two guns now with points.

 

[35Remington]

I can see the point you make with the snake analogy.

But this country is founded on capitalism.
The problem isn't CC companies, their marketing practices, the interest they charge or their exploitation of capitalism.
Can't blame the CC company for a lack of individual discipline and self-respect.

I agree. That's what I said this:

You can blame them, but don't blame ONLY them. Their banking system wouldn't work if most of the customers were like Mitch.

In other words, a required factor in the equation is a consumer that does not pay their bills in full and on time. Without that, there will be little to no profit for the CC company.

 

[mitchntx]

Personal story:

Small town bank where we knew each other by name.
A clerk there noticed my youngest daughter had overdrawn her account, called me and I transferred money to cover it.

Daughter and I talked.

A few weeks later, same thing ... and then again.

I sat her down once again and began discussing how she needs to be more disciplined.

She interrupted and said, "Dad how am I ever gong to learn consequences if you keep bailing me out?"

At that point, I realized she had taught me something very profound and learned something significant herself.

One of the best moments of my life.

 

[recoveringyankee]

She interrupted and said, "Dad how am I ever gong to learn consequences if you keep bailing me out?"

WOW, that is freeken awesome!!!!