Debit Card Vs Credit | General Credit Card Talk

Debit Card Vs Credit

Page: 1

No Tags

User

Post

4:47 pm
August 27, 2010

webspider2005

New Member

posts 1

Print this Post

Can you identify the pros and cons? The only advantage I see for a debit card is you can manage your finances better than a credit card because you can only use the former it it has funding support.

3:38 pm
August 28, 2010

gymrat7

Member

posts 15

Print this Post

Well, the obvious pros for a debit card is that you will not have to pay interest on any purchases because it is coming straight from the account. It is actual money. Credit cards you have to pay back later and you will have fees/interest rates, and more. The one thing about credit cards that is a pro is if you don't have the money to pay for something at the present time you can use a credit card to pay.

6:25 am
August 31, 2010

cycleq

United States

Member

posts 15

Print this Post

I used to use my credit cards all the time but now I just use debit because I found that I was making purchases that I didn't even want or need. It made it hard for me to pay off my credit cards. That is a con because it has got me into making high payments and having high interest rates.

My debit card is what I use now and I only make purchases that I need. The con with this is that some times I have to pass up purchases because I just dont have the money in my account.

Either way as long as you can pay for your credit cards, earn rewards, and pay on time they can benefit someone.

5:50 pm
August 31, 2010

lilbit4

United States, Ohio

Member

posts 19

Print this Post

I like debit cards but I always use it as a credit card.

No Tags

Page: 1

Rewards Credit Cards

Debit Card Vs Credit | General Credit Card Talk | Forum

	You must be logged in to post	Login Register