Stocks

It’s worth mentioning that most brokerages won’t allow you to pay stocks with your credit card. However, if you managed to find a place where it’s possible, you’ll be charged many costly fees. Even more: if you borrow money to buy your stocks, you’ll have to pay any interest charges that will ultimately eat away all your returns.

Expensive art

Even if you have a very large credit limit, you shouldn’t use your credit card to buy any collectible car or deluxe purchase that might tempt you at the moment. When it comes to getting anything with your credit card, it’s best if you just hold off for a while, especially when we’re talking about frivolous purchases.

And when we say frivolous purchases, we also mean that dreamy designer wedding dress, luxury holiday package, or the diamond you also dreamt of. None of these should be bought with your credit card.