Varun Malhotra

Rationalizing agnostic logical insomniac.

[Ankit Dewan @ankitdewan]

I was brought up with a firm belief that there are no free lunches in life. Then how could I ever believe that it is possible to get 'free' flights & hotel stays?

Well, here are a few things that changed my perception about credit cards that I think everyone should know.

👉🏼 Credit card companies earn mostly from the sellers, not the buyers, but only if you pay your card bill in full, and on time.

👉🏼 The 2% - 3% fee that is paid by the seller to the credit card companies is already built into their selling price. If you are not using a credit card, you are already paying that much extra.

👉🏼 Who funds the great credit card rewards? Well, I was of the firm belief that ultimately it has to come out of my own pocket only. To a small extent that is true, but it is not that straightforward. However, you should know that if you -
🔹 ... pay the full bill, on time
🔹 ... buy only what you would have bought anyways
🔹 ... buy at a good price
.... then you are the winner in this game, and your own contribution in the rewards you earned is minimal.

This is also true that as more & more people understand this, and start using credit cards correctly, the overall credit card returns will go down.

All the above, in a nutshell, is the credit card game. Use your credit card like a debit card (except ATM withdrawals), and you can win!

[Varun Malhotra @dcfw]

@ankitdewan Congratulations dude! Watching you really dole out some fantastic advice and building a community from scratch is very inspiring!

[Varun Malhotra @dcfw]

@HowThingsWork_ This is CGI

[Didi Promax @promax_0]

@SethMacFarlane what have u done to family guy ? It’s brilliant up to season 17-18 I’ve watched it over & over .. laughed myself silly 🙃 … y are u ruining it ? Ted 2 was better than season 17 and onwards ! Which is saying something! Go back to how it was please!

[Didi Promax @promax_0]

@SethMacFarlane please for the love of god ! go back to how it was ! Stewie is just ew … where are the Meg jokes ? Why is Lois not being a deviant, peter - What happened to his outlandish careers ? Why Seth why ??? Why would u take something I love so much and then murder it 💔

[Varun Malhotra @dcfw]

@Tushar_KN @promax_0 Practice what you just preached to @promax_0 , Mr. @Tushar_KN . If you don't like it, ignore. Your unwarranted social commentry warranted itself to criticism, rather implicitly.

[Varun Malhotra @dcfw]

Having a lot of fun with #ThumbaCam for #WP7 (http://t.co/UuWxh6R) - 9/4/2012

[Varun Malhotra @dcfw]

Having a lot of fun with #ThumbaCam for #WP7 (http://t.co/UuWxh6R) - 8/29/2012

[Varun Malhotra @dcfw]

Having a lot of fun with #ThumbaCam for #WP7 (http://t.co/UuWxh6R) - 8/27/2012

[Varun Malhotra @dcfw]

Having a lot of fun with #ThumbaCam for #WP7 (http://t.co/UuWxh6R) - 8/19/2012

[Varun Malhotra @dcfw]

Having a lot of fun with #ThumbaCam for #WP7 (http://t.co/UuWxh6R) - 8/16/2012

[Varun Malhotra @dcfw]

Having a lot of fun with #ThumbaCam for #WP7 (http://t.co/UuWxh6R) - 8/13/2012

[Varun Malhotra @dcfw]

Having a lot of fun with #ThumbaCam for #WP7 (http://t.co/UuWxh6R) - 8/12/2012

[Varun Malhotra @dcfw]

Windows phone 7.5 awesomeness! ^^

[Varun Malhotra @dcfw]

Nightmares and Ears http://t.co/Fp0Qkvs

[Varun Malhotra @dcfw]

Back to drawing http://nblo.gs/iTI8v

[Varun Malhotra @dcfw]

Red Red Charcoal http://nblo.gs/eC5hr

[Varun Malhotra @dcfw]

More inspiration purchased http://nblo.gs/dmRFh

[Varun Malhotra @dcfw]

Hyenaman! http://nblo.gs/cV1bk

[Varun Malhotra @dcfw]

Milk. http://nblo.gs/cS3LI