Credit Card vs. Debit Card: When is it Best to Use Either One

There are certain situations when using a credit card is preferred over using a debit card for expenses. For instance, when renting a car use the credit card and avoid lowering your credit score. When buying online, the credit card offers more protection against ID theft, damaged goods, or unfilled orders. Low-cost meals are best put on a debit card, so that you do not end up activating extra credit card charges. When you stay at a hotel, use your credit card. This way, your checking account is not blocked for anticipated expenses. Finally, never use credit cards for big weddings, college tuition, or vices like gambling.

Read the entire article here: Credit Card vs. Debit Card: When is it Best to Use Either One

Published

Leave a comment

Your email address will not be published. Required fields are marked *