Is it safer to use a credit card or debt card?

to avoid geting into debt?

Is it safer to use a credit card or debt card?

Surely if you paid with your own money then you would never get into debt, regardless of whatever card you use.

I don%26#039;t think this concept is so difficult to grasp, or is it?

Is it safer to use a credit card or debt card?

Both should offer some type of fraud protection, but I prefer using a credit card, because if anything does go bad, you%26#039;re not losing hard cash, while you%26#039;re waiting for the bank to resolve any issues. Plus, a lot of credit cards offer points or incentives for using their card. The key here is to make sure you don%26#039;t charge more than you can pay off at the end of the month, or else you%26#039;re going to pay interest.

For example, I have a credit card that offers me cash back, and I earn anywhere from 1% to 5%, depending on the nature of the purchase. I%26#039;ve been able to collect an extra $300(which is the cap for cash back) every year, and I pay off my balance every month, so I don%26#039;t pay any interest. It%26#039;s an extra $300 a year for doing nothing....

Is it safer to use a credit card or debt card?

to avoid debt, one should always avoid credit

Is it safer to use a credit card or debt card?

Use your debit card only. Do not use your credit card unless it is an emergency. It is important to your future wealth to stay out of debt. If you have debts, get them paid now and begin investing. While your friends make fun of you now for being cheap, they will be so jealous when you are retired at age 50 and they have another 20 years to work. All because of using credit lavishly throughout their lives.

Is it safer to use a credit card or debt card?

Debit is more cost effective because you are using your own money from your bank account %26amp; aren%26#039;t taking chance of going into debt. Cards that are debit only require use of pin. Credit cards can be used w/o pin.

Is it safer to use a credit card or debt card?

I assume by debt card you mean debit card. To avoid getting into debt, it is much safer to use your debit card.