Just treat it like your own money, not “credit”. Doing all your general monthly transactions on a credit card means you continue to earn interest on your entire savings balance for the whole month. You then pay off the month’s bill, and round you go again. With a debit card, as soon as you make… Continue reading use a credit card (in Iceland)
Category: banking
Islandsbanki Mastercard statement madness
Islandsbanki recently forced a move to mastercard for all existing credit card holders. We’re not going to talk about that here, as while the reshuffling of all the icelandic credit card processors, and what banks offer which cards is very interesting, it’s “out of scope” They promised to have moved all Icelandic companies direct debits from the… Continue reading Islandsbanki Mastercard statement madness