Charge card vs Credit Card
I cannot wrap my head around why anybody would want a charge card, when they could just get a credit card.
I put everything on my credit card, and have never even paid one cent of interest. I only spend on my credit card what I have in my bank account, I just use the credit card for rewards and credit building. I pay off my full statement balance the day it comes in.
Charge cards have no limit: This is a lie. Otherwise, I could go spend 5 trillion dollars. Which they will not let you do. There is a limit, they just don't say what it is. This could work against you because you could be denied unexpectadly
People like charge cards because they cannot roll it over, and pay interest. So, then you could just...you know, not do that. Just use the credit card more responsibly. Also, if you really are in a crunch and can't pay off the charge card, you will get hit with a heavy fee and possibly suspension of your card.
Charge cards tend to have high annual fees, credit cards dont. Charge cards say they have premium rewards, but for every charge card with good rewards I can find you a credit card with better rewards.
So why would you use a charge card when you can use a credit card?