4 Reasons Why You Should Always Use Your Credit Card Before Your Debit Card
A generally safer choice as long as you are responsible
When used responsibly, a credit card is one of the best items to have in your wallet at all times. It is always important to remember to never spend more than you can afford. As long as you remember that, you will be able to witness the long-term benefits of using a credit card over a debit card. The following are four key reasons why you should always use your credit card before a debit card:
1. Protect Your Checking Account
2. Build Your Credit History
3. Purchase and Travel Protection
4. Earn Rewards
1. Protect Your Checking Account
When you use a credit card, you have an extra layer of protection from fraudsters accessing your checking account. Your debit card is linked directly to your checking account, meaning if someone is able to access your account to make purchases, your money will be gone instantly. Once you report this to your bank, it may take weeks to get your money back. With a credit card, your line of credit is only affected if someone is able to use your card to make purchases. None of your hard-earned money will be at stake while an investigation takes…
