If u think like this, then u are wrong.

Having a credit card doesn't mean having debts.
U can have a card, and have no debts. Is up to you on how u are going to control your spending.

Some people got 50k credit limit, and got 40k credit card debts.
Some people got 500k credit limit, and got less than 1k credit card debts.

Getting a credit card is good, so that you can create a CCRIS record in the BNM system. After age 30, if you don't have a CCRIS record, borrowing money from financial institution will be quite hard, unless you are working in MNC, public listed company. Kuci miao SDN BHD company, you will have hard time for your loan application, unless your company is reputable enough.

Card also good for rebates. Petrol, your utilities bills, promotion, points and rebate. If you know how to use wisely, it is a plus point.

That is if you spend more than you have to pay in interests and annual fees

If everyone take advantage of the rebates and pay in full every month, soon there won't be any rebate for us anymore.

We need to encourage more defaulters to contribute to our rebate/cash back/signing up bonus/gst waiver