Why You Should Always Use a Debit Card Instead of a Credit Card
- Debit Card
By using a debit card you pay for things with your own money—money you already have in your bank account. It’s like using cash, but more convenient. And what most people don’t realize is that credit companies like Visa or Mastercard protect their debit card purchases too. If you run your debit card as credit when you make a purchase (which may show up as “pending” on your account), you have the exact same protections as a credit card.
- Credit Card
By using a credit card, you’re borrowing money. That’s right—you’re spending money that doesn’t belong to you, and it comes with a big catch. If you don’t pay it back in full (and on time), the credit card company hits you with interest and possibly fees. Credit card companies love to market perks and points, but let’s be real: those perks aren’t worth the risk of debt. Stick to your debit card, stay out of debt, and spend only what you can afford. That’s how you win with money!
Dive deeper into this topic here: Debit vs. Credit: Which is Better?