Debit or credit?

Answer 1

Debit

Answer 2

It's usually best to have a debit card, because that keeps you from building up credit card debt, as with a debit card you can only spend what you have.

Still, even with having a debit card, when a cashier asks you "debit or credit" you can still say credit while using your debit card. Essentially, this just allows you added consumer protection against things like fraud by the agencies that regulate credit transactions, whereas a "debit" transaction wouldn't offer the same protection.

Usually, it doesn't really matter...but for BIG purchases, it's probably safest to go with credit.

Answer 3

debit because then it automatically deducts from your account IMMEDIATELY! when you use credit, it takes a while, varying from a day to a week to deduct from your account, and in the meantime, unless you balance your checking account everyday (most people don't) you wont know exactly how much you've got in your account. Then one day all the transactions hit your account and you're wondering where everything went. Banks lie to you, debit cards are only debit cards if you select the option at checkout. It works in their interest when you use credit because that opens up the possibility of you overdrawing and getting slapped with overdraft fees. Just another way that banks take advantage of you. I know that there is a class action lawsuit being built against several big banks like bank of america because of this. For example if you start the day with $ 75 in your account and make a couple of small purchases on your debit card, for say coffee ($2) and lunch ($5) and then later that night use the debit card to pay for a family dinner ($80) thinking your paycheck direct deposit had gone through, the banks will charge you three insufficient fund fees, because of the reordering of your transactions. This means that you are charged fees of as much as $45 a piece for two transactions which occurred when you had enough money in your account to cover the transaction.

I hope this helps :)

Answer 4

Debit

Answer 5

Debit

Answer 6

Debit

Answer 7

Debit 100%.

Answer 8

Credit for a long time but recently switched to debit,

Credit was bad for me

Answer 9

Debit.

Answer 10

If I'm correct assuming your talking about the choice when using the same card for one or the other, credit comes with consumer protection and doesn't cost anything to use. Use debit if you want cash back with your purchase, but most times you'll be charged a fee for using it.