As we move closer to a cashless society, there are few remaining businesses that don’t accept credit card payments. These small rectangles of plastic have enabled development of automated services such as DVD kiosks, and in many cities you can even feed parking meters with credit cards instead of quarters.

Despite the universal convenience of credit cards, there are a few purchases that should be made the old-school way. When it comes to these five items, cash is still king.

Things To Never Pay With A Credit Card

1. College Tuition

A college education certainly qualifies as a big-ticket purchase, much like a house or a car. But if you are considering use of a credit card to cover your tuition, that probably means you’re not able to avoid interest by paying the bill at the end of the grace period. Pursuing financial aid or low-interest student loans is a much better alternative that will keep an already pricey education from going sky-high.

2. Alternate Forms of Payment

Many merchants will not accept credit cards as payment for money orders, bail bonds and other alternate forms of payment. If you find one who does, the transaction is treated as a cash advance, not a conventional purchase. This means you will also be subject to a cash advance fee, which is a percentage of the amount, as well as a substantially higher interest rate.

3. Gambling-Related Expenses

Gambling can be an exciting form of entertainment as long as you limit yourself to betting only money you can afford to lose. If you finance your gambling activities, whether it’s lottery tickets or playing the horses, it can be the start down a slippery slope into a financial hole that’s hard to crawl out of.

4. Charitable Donations

Both local and national organizations have made it easier than ever to donate via text. While supporting charities is admirable, be sure to keep it in perspective. Unless you pay your credit card in full each month, you can end up paying interest that benefits no one but your bank.

5. Weddings

Every bride wants her wedding to be just the way she’s dreamed about it, and every groom wants a happy bride. Celebrating the big day with friends and family is wonderful, but starting married life with a mountain of debt is not. Stick to a wedding within your means or plan for an engagement that’s long enough to allow you to save enough money for a big bash.


Daniel R. Gamez, an attorney focusing exclusively in debt relief, is licensed to practice in all state and federal courts in California and Texas. Mr. Gamez owns and operates the Gamez Law Firm in San Diego, CA. For more information, please contact Daniel Gamez at 858-217-5051, daniel@gamezlawfirm.com or use our online contact form. Stay updated with the latest debt relief tips by following on Facebook and Twitter!