Debit cards are a great if you are starting out to replace cash transactions with plastic but they cannot be compared to credit cards. They only take work on the basis of the money that is already in your account and since you cannot monitor your transactions all the time as only a few stores have this facility of checking your current balance. It can be really embarrassing to have your card turned down after you have made the purchases. It can be even more troublesome if you don’t have a credit card or cash in your pocket. Some debit cards that allow you to overspend charge you higher interest rate than a credit card.
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