Articles Tagged ‘debit cards’
Which is Safer to Use – A Debit Card or a Credit Card and Why?
Wednesday, May 28th, 2014
Debit cards and credit cards look a lot alike. They’re the same size, of course, and they each come with a logo (usually MasterCard or Visa) that allows you to use the card to purchase items and services from various merchants.
But if you have both of them then you already know that debit cards and credit cards are actually quite different. Debit cards are linked to your checking account, so amount of each purchase purchases using a debit card is immediately withdrawn (or debited). Credit cards, in contrast, allow you to finance purchases over time, if you so choose....
Debit Card Mistakes and How to Avoid Them
Saturday, April 9th, 2011
Debit cards are handy little pieces of plastic. They give us easy access to the funds in our checking and savings accounts. They’re as simple to use as credit cards, but they don’t come with monthly payments or require us to pay interest. And if we need quick cash, we can get it from an ATM 24 hours a day, 7 days a week.
But just like credit cards, debit cards can cost us money if we do not use them properly. There are numerous mistakes that can be made that may result in unnecessary headaches and expenses.
Here is...