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Credit Card V/S Debit Card Display posts from previous:   
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  Mon Jul 02, 2007 3:39 am :: Credit Card V/S Debit Card  Reply with quote


eddy


 Joined: 02 Jul 2007
 Posts: 1
 

What do you prefer a credit card or a debit card ?

A debit card does removes money directly from the users account.
A credit card does not remove money from the user's account after every transaction. In the case of credit cards, the issuer lends money to the user. A credit card allows the consumer to revolve their balance, the price for it is the interest that is charged. Online bookings cannot be done in debit cards

 
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  Thu Dec 04, 2008 9:29 am ::  Reply with quote


Princy_Jacob


 Joined: 03 Dec 2008
 Posts: 20
 

Both have their own merits and demerits. I use both of them. I credit card provides instant credit when required. I currently have 3 Debit Cards and 2 Credit Cards. It depends on individuals that how effectively they manage their finances.

 
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