Credit Cards vs Debit Cards
Credit cards and debit cards facilitate purchases at local retailers and online. Credit card purchases are only limited by your credit line and you must pay interest on this loan. Since a debit card withdraws from your own bank account when you make a purchase, you are limited to the amount in the account. Some debit cards will allow exceeding … Keep Reading → your bank balance, but you will pay a fee for amount borrowed just like with a credit card. Credit cards offer more rewards such as building credit histories and loyalty rewards and offer better identity theft and unapproved charges protection. Unapproved usage and charges to debit card are hard to remove. Read the opinions and advise of Hubbers to help decide if a credit card or a debit card is right for you.
