Whats the difference if you use a debit card as credit rather than debit? I know you type in pin for debit, and sign for credit.
However, isn't that contradicting what a debit card is used for? Debit is money you have - Credit is money you pay back.
I work in retail and see many people confused about what to press and how to use them.
Basically, a credit card gives you more options - you can use it for online or phone payments AND it doesn't usually charge fees. Also, they usually have higher levels of fraud protection. The only drawback is you're not spending your own money - you're spending the bank's money.
With a debit credit card, you have all the same options as a credit card but you're spending your own money instead of having to pay back the bank at the end of the month.
They say 'debit or credit?' to ask which type of card you are using. If it is a debit card it is a debit card.
Does not make any difference...sometimes if i'm pumping gas i'll press credit...and I don't have to punch all them numbers in when its cold outside.
by Susan Reid5 years ago
JP Morgan Chase is considering capping debit card transactions to $100 or even $50. It's all about fees they charge per transaction, currently $.44 and proposed to be slashed by Congress to $.12.That's a big hit for...
by paradigmsearch5 years ago
I mean seriously."NEW YORK (AP) -- Bank of America plans to start charging customers a $5 monthly fee for using their debit card to make purchases. The fee will be rolled out starting early next...
by Elisabeth Sowerbutts8 years ago
HI - this is for hub researh. I am looking for a free/cheap credit /debit card available to US and UK residents - or elsewhere in the world for that matter - I have covered Australia and NZ already. What I want is...
by Rebecca Graf6 years ago
What questions would you like to see answered about credit card debt?
by James Smith3 years ago
http://online.wsj.com/article/SB1000142 … 63786.htmlI heard a good argument against the raising the debt ceiling a few years back. This senator argued leadership means that ''the buck stops here. Instead,...
by starme777 years ago
which one do you prefer?
Copyright © 2016 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.