Buying LVs- cash or debit card or credit card?

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#48
Debit always. I would get nervous carrying around thousands of dollars in cash. But I have seen people in the Louis store with STACKS of cash. One time I saw a guy with a wad of cash that was probably three inches thick. No lie!
 
#49
Having a credit card doesn't mean you pay more for a purchase, interest or have debt. PayPal services in my country are only available through credit card, so I use one to buy whatever, since I already have one and it's convenient for my lifestyle. It gets all paid every month.
 
#50
I don't think it matters how anyone pays for their purchases, I would only hope and advice that one makes sure that they can afford their bags regardless of their payment methods.
 
#51
kimariew said:
Credit card to earn cash back rewards but pay off right away.
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7777777 said:
ALWAYS a credit card: protection, security, points, miles, cash back, promotions...
ALWAYS pay it off at the end of the months.
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Same here.

I put everything possible on my card each month because of how much cash back rewards I get through Chase. With my monthly expenses I earn several hundred dollars in cash back rewards per month that are directly deposited into my account each month. And I pay no interest. It generates thousands of dollars per year, just by using my card. If you look at it this way, that is a couple FREE LV's per year, just for using my card.

If you are someone who can be strict with paying off a balance each month, it's something you should think about it you don't do it already.
 
#53
My first couple of purchases I used cash, but when the bags are 1000's of dollars, I then use debit esp because sometimes I have to order over the phone. I have only used my credit card once on an LV and that was my Kusama Cosmetic.
 
#55
Luxurykebaya said:
Hi there..need your opinions please...which type of payment u prefer and why??:cool:
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Oddly, while I'm saving---when I get up to a few hundred, I go in store and get a gift card. I do his until I have the amount needed. By the time it's TIME to get my bag, I pay withy 3-4 gift cards. It's a way to stay focused and not use my money for anything else
 
#58
When I bought my Neverfull I used my debit card. I was deciding between cash and my debit card, but in the end I didn't go to the ATM because I wasn't 100% sure I was going to make the purchase that day. In the end I did and just used my debit card which is fine with me. I've never carried around a lot of cash before and I usually don't carry around any, so debit works fine. I don't have a credit card that I use for spending, but I'm still young, and as my husband and I get older and are more financially stable I'm sure we'll get a credit card for business, travel and emergencies and get points and stuff. I paid for the Neverfull with tutoring money that I earned on the side.
 
#59
lisaclaw said:
I agree that you should never buy any item you have to finance via a credit card or loan. House is the only exception.

I think you SHOULD use a credit card though. Never pay an annual fee and get a card that gives you points or rewards. Also there are certain protections you get with a credit card you do not get with cash or a debit card.

Example: tried to return something to Best Buy I purchased for Christmas on my credit card. Best Buy said I could not return it. Mailed the item back to BB and disputed the charge on my credit card. Would have been stuck if I had paid cash.
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ITA!

LOL! I'm one of those stay at home moms trying to hide my purchases tho if you see someone paying cash and credit! I know my husband figures it out (and I don't buy many bags) but I just feel guilty making such a big purchase (even though we can pay it off without a problem).
 
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