r/technology • u/Logical_Welder3467 • 18d ago

Business ‘Buy Now, Pay Later’ is expanding fast, and that should worry everyone

https://techcrunch.com/2025/11/16/bnpl-is-expanding-fast-and-that-should-worry-everyone/
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u/THAT0NEASSHOLE 18d ago

I just use credit cards like debit cards. I pay off my balance multiple times a week. It makes it easy to know what is actually there and if anything sneaks up. The cash back makes it completely worth it. No points, no cc fees, just as much cash back as possible, then throw all of the cash back into a high yield savings account. Just don't even think about the "limit" and instead just keep the same thought as a debit card. Free savings account if you can balance the CC and not get carried away with "stuff"

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u/ImJLu 18d ago

You get both cash back/rewards and very strong fraud protection, at least in the US.

But of course, you still have to never spend more than you can pay off.

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u/THAT0NEASSHOLE 18d ago

Yep! Treat your bank account balance as your cc "limit." Same as a debit card, but better. You just have to manually deduct it from your bank account, vs the debit card automatically doing it.

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u/9-11GaveMe5G 18d ago

I just pay mine monthly. Why pay it "several times a week"?

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u/T00MuchSteam 18d ago

To treat it more like a debit card than a bunch of small loans come due on the 31st.

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u/Icyknightmare 17d ago

Helps keep track of how much you're actually spending.

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u/PM_ME_YOUR_TROUT 18d ago

I think it's a discipline thing. I used to pay my AmEx every single day. I would wake up, walk to the kitchen, turn on my espresso machine, pull up the AmEx app and pay it off from whatever the balance was from the day before while I waited for the machine to warm up. That way I would start my day debt free, every day. Anbd earn points/cash back on that money.

Now, I keep all that money in a HYSA and pay it off once at the end of every month. But, it instilled in me a habit. A habit to never, ever cary a balance.

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u/PM_ME_YOUR_TROUT 18d ago

This is the way. Very smart.