I-Team: When to use your credit card - FOX13 News, WHBQ FOX 13

I-Team: When to use your credit card

Posted: Updated:

You might think putting your credit card away is your best bet, but that's not always the case.  There are times when it should be your go-to payment method, and FOX 5 I-Team reporter Dana Fowle tells you why.

One great time to use your credit card is when you're renting a car.  Often times, if you pay with a major credit card, you'll get secondary coverage in case there is damage. 

If you're buying something pricey like a cell phone or even a computer, that's a good time to swipe.  Sometimes, your card might issue an extended warranty on the product. 

Many major credit cards also offer roadside service, often without a monthly fee.  If you need the service, you call their toll-free number and then pay a single fee.

Measured credit card use can be good for your credit, so it may be good to charge a large purchase.  As long as you pay it off on time, it can help build your credit.

Using a credit card can also put you in a better position to dispute a charge.  For instance, if you order something online and it doesn't arrive but the retailer says they sent it, you've been charged for something you don't have.  You have a lot more power to dispute that charge by going through your credit card company, which will go to bat for you. 



  • I-Team Story ArchiveMore>>

  • Patient: Hospice company failed me too

    Patient: Hospice company failed me too

    Wednesday, August 27 2014 10:37 PM EDT2014-08-28 02:37:56 GMT
    The state is now looking into a defunct hospice provider originally investigated by the Fox 5 I-Team.
    The state is now looking into a defunct hospice provider originally investigated by the Fox 5 I-Team.
  • Hidden fees in checking accounts: Who's transparent, who's not

    Hidden fees in checking accounts: Who's transparent, who's not

    Wednesday, August 27 2014 8:10 AM EDT2014-08-27 12:10:06 GMT
    We already know about some of the fees our banks charge -- the monthly fee, the overdraft charge, out-of-network and minimum balance fees. That's standard stuff. But did you know that the average checking account has 30 fees attached?
    We already know about some of the fees our banks charge -- the monthly fee, the overdraft charge, out-of-network and minimum balance fees. That's standard stuff. But did you know that the average checking account has 30 fees attached?
  • Judge mulling sanctions related to ethics trial

    Judge mulling sanctions related to ethics trial

    Monday, August 25 2014 6:29 PM EDT2014-08-25 22:29:27 GMT
    A judge is deciding whether to sanction the Georgia attorney general's office, the state ethics commission and the commission's director for not releasing certain documents in a whistleblower trial.
    A judge is deciding whether to sanction the Georgia attorney general's office, the state ethics commission and the commission's director for not releasing certain documents in a whistleblower trial.
  • Contact the FOX 5 I-Team

    * denotes required fields

    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thanks for contacting FOX 5.  To reach our newsroom by phone, please call (404) 898-0100.

  • Good Day ArchiveMore>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Dr. E, Erik Fisher on parenting and time management

    Dr. E, Erik Fisher on parenting and time management

    Monday, September 1 2014 10:41 AM EDT2014-09-01 14:41:26 GMT
    Licensed psychologist and author Dr. Erik Fisher talks about parenting and offers a plan to help busy families with time management.
    Licensed psychologist and author Dr. Erik Fisher talks about parenting and offers a plan to help busy families with time management.
  • Labor Day cookout with Righteous ‘Que

    Labor Day cookout with Righteous ‘Que

    Monday, September 1 2014 9:19 AM EDT2014-09-01 13:19:33 GMT
    Righteous ‘Que stopped by FOX 5 Monday morning for a Labor Day cookout! From brisket tips to "Redneck Salad," here's everything you need to know for a perfect holiday barbeque.
    Righteous ‘Que stopped by FOX 5 Monday morning for a Labor Day cookout! From brisket tips to "Redneck Salad," here's everything you need to know for a perfect holiday barbeque.
Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices