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8 Reasons Credit Cards Beat Debit Cards
Posted By Jim On 07/16/2009 @ 7:09 am In Credit | 52 Comments
This may be sacrilegious to say, as a personal finance blogger, but I’ve never been a fan of debit cards.
I’m biased though. I think I prefer credit over debit because because I’ve never been in credit card debt. I’ve never been on the business end of the tactics used by the credit card industry. I credit to a fear that my mom would be angry with me, rather than my own self-restraint, but either way I have never paid a penny of interest to a credit card company.
That being said, here are eight reasons why I think that credit cards are better than debit cards, which I hope you’ll enjoy arguing with me in the comments!
However, one thing can’t be contested, it’s very very difficult to get into credit card debt when you only use debit cards and cash. I can’t dispute that.
Let’s discuss this, shall we? What do you think? Did I miss a reason? Is there a bigger reason why Debit > Credit? Let me know!
(Photo: neilt )
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 MSN says: http://articles.moneycentral.msn.com/SavingandDebt/SaveonaCar/10-things-gas-stations-wont-tell-you.aspx
 Renting a car with a debit card: http://www.bargaineering.com/articles/renting-a-car-with-debit-card.html
 Credit and Debit cards: http://www.bargaineering.com/articles/debit-credit-cards-basics-explained.html#lost
 neilt: http://www.flickr.com/photos/neilt/7123758/sizes/m/
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