Banks and Credit Cards - do we hate them? Yes.

I got an email today from Bank of America. Urging me to use my credit card to "purchase that new digital HD monster TV I've been wanting" or something like that. It also said I can do that with the credit card and "make my tax rebate go further."

First, I didn't qualify for a tax rebate, which the bank should really know because they have my whole entire life in their records. Second, my fantasy tax rebate doesn't actually go further if I use the credit card - I just can borrow extra money from the bank at like 19% interest. Third, they are only urging me to use the card because I never use it and generally don't use credit cards at all anymore because I don't want to pay them 19% on money that I don't have (if I am using the card, I assume I don't have it out-of-pocket), and I don't want to be in debt to them for a huge TV I don't really need.

I hate them.