Debit Card or Credit Card - Which One Would You Prefer?
By amirev777
@amirev777 (4117)
India
September 11, 2019 1:27pm CST
As far as I am concerned, I would surely go for debit card, since I can only spend the amount that I own. Using credit card could lead to debt trap, since you are spending much more than what you actually own at that particular moment. Which one do you prefer, especially while shopping online?
4 people like this
5 responses
@maximax8 (31053)
• United Kingdom
11 Sep 19
I prefer a debit card or using cash taken out of an ATM machine. I have begun to hate credit cards because they let me slip into debt. I used to buy a flight using a credit card and pay the debt off before my trip. I had a debit card which gave me fee free spending worldwide until 31st August 2017. Now the debit card which I can have now only allows free of fee spending in Europe. Turkey they think is outside Europe. I hate spending overseas on a credit card. It is easy to wander into credit card debt however it is challenging to walk out again and become debt free.
1 person likes this
@amirev777 (4117)
• India
12 Sep 19
@maximax8 Yes, using your credit card injudiciously can surely lead one to debt trap.
@Writingghost (5196)
• United States
11 Sep 19
I prefer a debit card. I have mine set so that when it gets down to $200.00 it won't approve. It's a good way to keep me from overspending.
1 person likes this
