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In Europe I have zero reason to even get a credit card: all bank accounts have an IBAN number, and works with every other bank that is part of the EU banking system. including any online ordering I need to do.

Why would I sign up for a system that hands my money over to a US bank, no matter how much they lose on that deal.



In the US you can get huge amounts of credit on credit cards and only pay the minimum for the rest of your life with an interest rate of 35%.

It's a giant dept trap that only partially has come to Europe due to those pesky regulations making it difficult to put teenagers in huge dept. /s




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