Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Making a big purchase over $2500. I have the money to cover it. Should I get a loan or just place it on credit?
I would not be concerned about the impact to your credit rating.  You already have an excellent credit score, and the temporary change to your utilization will have minimal impact to your score. If you really need to make this $2500 purchase and you have the money in the bank to pay for it, I would not recommend borrowing this money.  Only put it on the credit card if you plan on paying it off in full without paying interest. Let me ask you this: Why do you want to keep this $2500 in the bank?  It certainly isn't earning you anything significant.  My guess is that you'd like to keep it there for an emergency.  Well, is this $2500 purchase an emergency?  If it is necessary, then spend the money.  If not, then save up the money until you have enough to make the purchase.  It doesn't make sense to keep money for an emergency in the bank, but then when one comes up, to leave the money in the bank and pay interest on your emergency purchase. If you make this emergency purchase and another emergency comes up, you can always (if necessary) borrow the money at that time.  It doesn't make sense to borrow money before you need it. That having been said, I would encourage you to build up your emergency fund so that you have enough money in there to handle things like this without completely depleting your savings account.  3 to 6 months of expenses is the general recommendation for your emergency fund.  Then if something unplanned comes up, you'll have the money in the bank without having to borrow and pay interest.