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10 Things You Can't Buy With Your Credit Card

By SiliconIndia   |   Wednesday, August 28, 2013
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Bangalore: The safest and simplest way to shop these days is to use credit card. Most of the people find it inconvenient and dangerous to carry large sums of money.  Hence, the use of credit card has increased over the decade. But the valuable piece of plastic that we so adore has its shortcomings. There are places where the credit card won’t be useful to buy things reports Maryalene LaPonsie of CardRatings.com.

1. To buy lottery tickets

Most of the states do not accept credit cards for lottery tickets and hence one should keep ready some cash to buy his dream of winning millions. Sometimes even if the state allows the card holder to use his card and purchase ticket, the card issuer may prohibit the holder to make such payments by card. Retailers too don’t accept card payments.  One of the reasons could be retailer’s reluctance to swipe credit cards and sell tickets as their sales commission goes down because of the swipe fees they have to pay on the transaction.

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