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  1. #1
    Respected Member ANDRES25's Avatar
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    Quote Originally Posted by paulgee View Post
    Hi ANDRES25,
    My husband regularly sends me money via Xoom. From what I heard from him, Xoom do not accept debit cards. He use a credit card instead...Just try to use a credit card if you have one..

    Shirley....
    Thanks Shirley, that really sucks,why would they not accept debit card? I really avoid using credit card as much as possible coz the interest rate is so insanely high.


  2. #2
    Respected Member Jay&Zobel's Avatar
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    Quote Originally Posted by ANDRES25 View Post
    Thanks Shirley, that really sucks,why would they not accept debit card? I really avoid using credit card as much as possible coz the interest rate is so insanely high.
    CC arent that bad as long as you pay the full balance before the due date (no interests) Some companies do not accept Debit cards as they are unsecured.

    Also, I have read that it is best to use CCs on purchases (online) as they have insurances.

    Just pay it off as soon as you have transferred the money...hope this helps


  3. #3
    Respected Member ANDRES25's Avatar
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    Quote Originally Posted by Jay&Zobel View Post
    CC arent that bad as long as you pay the full balance before the due date (no interests) Some companies do not accept Debit cards as they are unsecured.

    Also, I have read that it is best to use CCs on purchases (online) as they have insurances.

    Just pay it off as soon as you have transferred the money...hope this helps
    Oh Thanks Zobel, you're educating me. I really don't know much about credit cards. But yes I agree with you that Credit card is good when you're shopping online or paying for an airline ticket coz it's insured. I've never had one and never intend to get one, my husband has 3 though, that's why I really don't need it.


  4. #4
    Respected Member Jay&Zobel's Avatar
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    Quote Originally Posted by ANDRES25 View Post
    Oh Thanks Zobel, you're educating me. I really don't know much about credit cards. But yes I agree with you that Credit card is good when you're shopping online or paying for an airline ticket coz it's insured. I've never had one and never intend to get one, my husband has 3 though, that's why I really don't need it.
    No worries D!

    > CCs are good as long as you know your spending limit hehe (do not be carried away, can be too overwhelming!)
    > Pay it off before due date.
    > Some CC companies offer cash rebates after some period of time (very minimal though)
    > Good for emergencies hehe...
    > Be cautious regarding cash withdrawals


  5. #5
    Respected Member Ann07's Avatar
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    Quote Originally Posted by Jay&Zobel View Post
    No worries D!

    > CCs are good as long as you know your spending limit hehe (do not be carried away, can be too overwhelming!)
    > Pay it off before due date.
    > Some CC companies offer cash rebates after some period of time (very minimal though)
    > Good for emergencies hehe...
    > Be cautious regarding cash withdrawals
    In short use only when its necessary But sometimes i am carried away..bad example
    I always use CC when buying online too or my paypal account its safer that way

    Thanks for that info zobel
    LIFE IS BEAUTIFUL


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