is there any reason not to have a negative balance on my credit card?

[Al B. Sure!]

I think you're overthinking this.

Kuci is full of ****. Rewards come from the card issuer and are considered a cost of marketing. I don't see why Kuci thinks it important to discuss anything else anymore than say, saying that we (or others) indirectly pay for any company's marketing, is important. It's like duh, but that's not really important to say.

[Hauldren Collider]

Um, AS, where do you suppose those funds for marketing come from?

[Al B. Sure!]

Um, AS, where do you suppose those funds for marketing come from?

Um, HC, where do you suppose those funds for marketing come from with any other company on the face of the planet?

Kuci is making no new revelation that income is used for marketing.

Why he thinks that is important to point out with respect to credit card companies, I have no idea.

[Kuciwalker]

The income would continue to exist in a world in which no marketing existed. It is price competition.

[giblets]

I guess Al thinks any 1% reduction in price is a form of marketing because it encourages people to buy what you're selling.

[onodera]

Why do you call it a negative balance? If it's a positive balance on your checking account, it's positive balance on your credit card.

[Kuciwalker]

Because it shows up as a negative number on the website.

[MikeH]

It's negative, I've had a positive balance on my credit card, when I paid off the full amount on the same day the automated minimum payment went out, so the card was £5.35 in credit or something.

[Pekka]

I use my credit card because it gives me security on my purchases, it gives me bonuses, and it gives me 30 days of time to pay it without interest. I don't see any reason why I should use my debit card (essentially the same card) that gives none of these benefits.

Just have to pay what I spent every time. I guess that why it's not too good for everyone with no control, but if you can control yourself, I figure it's the best way to go.

[Al B. Sure!]

Why do you call it a negative balance? If it's a positive balance on your checking account, it's positive balance on your credit card.

Assets vs. Liabilities.

[onodera]

It's negative, I've had a positive balance on my credit card, when I paid off the full amount on the same day the automated minimum payment went out, so the card was £5.35 in credit or something.

Because it shows up as a negative number on the website.

Assets vs. Liabilities.

Albie, both checking account and your credit card with credit balance on it are bank's liabilities. Overdrawn credit card is an asset and is an active account different from the primary card account. Credit balance is almost always rendered as positive to the customer for the sake of simplicity. Negative amount is usually your debt. If I overdraw my checking account and my credit card, why should the former show up as negative and the latter as positive balance?
Actually, the online banking system I use never shows a negative balance on my credit card, because 0 there means I've used up all of my overdraft limit.

[Kuciwalker]

Ah. With mine the balance increases as I buy more stuff with the card and decreases as I pay it off, so the (positive) number represents how much I owe.