money cards

I don't find the interest rates on my credit cards too high. I actually find them better than cash or debit card. For example, it's safer because you can dispute charges on the credit card (it can be somewhat hard to do with debit card or prepaid credit card). Sometimes you have emergencies (such as car accident or car repair). So a prepaid credit card won't work because if you don't have the money then you cannot pay for the emergency. However, I am one to say not to use it for everything and to pay lots on the credit cards. I pay off (if not I pay much more than the minimum payment) each month on the credit card. It's also a good step for your credit history, too. However some people cannot be responsible with credit cards so your option with the prepaid credit card, is a good idea! Pablo

I currently have 1 credit card which I use sparingly whenever I shop since I am afraid to be buried under a heap of debts. I am planning to get a debit card tomorrow because I feel it is much better to have a debit card than a credit card since you do not accumulate debts over time if you do not have money to pay for the bills.

I switch to credit card after i gone through fire arms robbery of my cash wallet, thinking that i make a smart choice, but after the switched, i was safe from cash starve robber , go right into the trap of banker and got rip off from exorbitant interest rate and annual charges in their super tiny contract clauses. So now i am only using debit card for my purchases and few others magnetic cards as means for making bills payment.

I did away with my credit cards too for the same reason that you did. I have two debit cards now and like that way much better...pay as you go!