As far as I know, credit cards involve paying interest rates to the bank which costs additional money on top of the purchases price. On the other hand debit cards are free when used in offline and online purchases, so does anybody know why people prefer to use credit cards instead of debit cards ?
When I use my debit card at the store, it asks if I want like $0, $10, or $20 cashback. How does cashback work? And how would this cash back procedure work on a credit card? Should I take a cashback amount when using my debit card? I see other people in line in front [...]
Why do merchants prefer credit cards to debit cards although the former are more expensive for them? I have seen many a places (esp online) where merchants even refuse to accept the debit cards. I understand why credit cards are better for liquid customers (who enjoy the interest free loan if they pay the bills [...]
My spouse and I are wanting to purchase a home. We pay our rent every month so we should be able to pay a house payment. We have some very bad credit issues in the past and would like to take care of them either by settling or paying the debt off slowly. But how [...]
What is the difference in these cards? I just turned 18 and I am looking to build my credit. I don’t want to run the risk of getting in debt and my income is pretty low so what card would be best and what are the fees? Related Blogs on Debit Ways To Compare Prepaid [...]