I prefer debit cards because I dont like to die in debt.
2007-05-28 21:06:08 · 32 answers · asked by Anonymous in Entertainment & Music ➔ Polls & Surveys
I like debit cards as they don't attract a handling fee in most cases when booking tickets on line. They don't attract interest or place a temptation to get into debt! brilliant little things!
2007-05-28 21:21:46 · answer #1 · answered by tunisianboy46 5 · 2⤊ 0⤋
I had a C card. I was unemployed when they gave it to me. I planned to stay out of debt, but things just got too tight and I ended up doing a very silly thing. I started to use the C to pay for groceries and such like.
It got to a point where I suddenly had a big interest bill every month. I decided to try and cut my losses and got a loan to clear the card. Oops. It means that I will not clear that debt for 5 years. Though it's better than trying to pay never ending interest.
I'm not saying that anyone other than me is to blame, but I do wonder at a bank that was willing to hand a credit card to someone without very much income. They must have known that I would get into debt.
The "funny" thing is that I went into the bank to get a debit card. They refused to give me one and offered the credit card as an alternative.
Honestly I'm not a total idiot. I think life was just too much to handle at that point. My depression was blurring common sense.
I just have a basic card now. Neither Debit nor Credit. I like that.
2007-05-28 21:37:13 · answer #2 · answered by 👑 Hypocrite 7 · 2⤊ 0⤋
Debit
2007-05-28 21:09:23 · answer #3 · answered by Nikki 6 · 4⤊ 0⤋
What's wrong with dying in debt? Thomas Jefferson did it. Are you a better person than he was?
Credit cards are better because you can get rewards which can add up to a lot of money per year. You just have to apply for the right cards. Debit card rewards are usually a lot less.
You don't have to pay interest or fees. You can apply for cards with no fees, and avoid interest by paying your full balance each month.
2007-05-28 21:13:33 · answer #4 · answered by x4294967296 6 · 0⤊ 2⤋
I got my first credit card a couple of months ago and I'm already in trouble. I've had my debit card for a decade. You can't spend more than you have.
2007-05-28 23:23:00 · answer #5 · answered by elflaeda 7 · 0⤊ 0⤋
Debit as they are just plastic checks without the waiting and I know people $20-30K in debt whom live in Nevada and never even placed a $2 bet. American average is $8K in debt and I owe something like $160 and if I drop dead today the government will owe me. Odd how they count if you are up to yer ahem in alligators or accounts you are a good credit risk, but if you pay your bills when due from your earnings or savings, you are probably a terrorist.
2007-05-28 21:20:23 · answer #6 · answered by Anonymous · 2⤊ 0⤋
I prefer credit cards because you have a second line of support, if anything goes wrong on transactions over £100 you can claim from the credit card company
2007-05-28 21:17:27 · answer #7 · answered by proud walker 7 · 0⤊ 0⤋
Debit Cards! Definitely! U buy something, it's yours! You spend money that is yours!
If you rely on credit cards, people will come repossess your stuff if u fail to pay up! Careful!
2007-05-28 21:19:43 · answer #8 · answered by Afro Den 3 · 0⤊ 0⤋
Have had both but prefer and only have debit card now.
2007-05-28 21:11:03 · answer #9 · answered by marlynembrindle 5 · 4⤊ 0⤋
debit cards. Handy like a credit card without the interest rates.
2007-05-28 21:08:22 · answer #10 · answered by Anonymous · 3⤊ 0⤋