The Advantages of Debit Vs. Credit Purchases?

Answer It's usually easier to get a debit card than a credit card because you're tapping the funds in your checking account when you make debit-card purchases. Poor credit histories can prevent people fro... Read More »

Top Q&A For: The Advantages of Debit Vs. Credit Purchases

What percentage of purchases are credit vs. debit?

In 2008, Visa credit card transactions accounted for 31.7 percent of the market vs. 28.6 percent for Visa debit cards. Mastercard had 22 percent of its transactions on credit vs. only 6.3 percent a... Read More »

What Are the Advantages of Signing Credit Versus Debit With a Check Card?

Traditionally, bank debit cards necessitated the use of a personal identification number (PIN) to access funds, but, increasingly, banks encourage cardholders to make signature-based, or "credit," ... Read More »

Is there a problem when you use your debit card for gas purchases?

When you buy gas with your debit card, your bank may place up to $75 "hold" on your account. Usually the bank adjusts this amount quickly to the actual dollar amount of the gas, but sometimes it c... Read More »

How to Use a Debit Card to Make Purchases at a Store?

A debit card is a bank card that resembles a credit card. When it is used to make a purchase, however, the money is taken directly from a person's checking or savings account. The deduction may occ... Read More »