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Which is better to use, A Credit card or a Debit Card?

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Debit Card vs Credit Card which is better:

In this article we will discuss about debit card vs credit card which is better for purchase goods.

As a debit card is directly connected to the holder’s checking account, it may be helpful for the holder to stay stuck by his/her budget. Dear reader, do you also not think that a debit card does not consist of the required fraud protection as far as a credit card is considered? So customer always get worried about debit card vs credit card which is better for purchase goods.

Yes, if you think so, we have a common thought! If, God forbid, the debit card gets lost or gets stolen, or there arises any problem regarding purchase, it is a huge problem to rescue our debit card.

debit card vs credit card which is better

Yes, you’re right, it is because of this, the customers are warned before the usage of a debit card for dealing with online shopping/ marketing. With more press it should be avoided if the website is unknown or newly built.
By any chance if anything goes in wrong in unfamiliar manner, there are possibilities that the customers will be paid off if the consumer has used his/her credit card. The reason is that, when a person is using his/her credit card, that person have a right of chargeback.

As it has been said by Christina Tetreault, who is the financial policy manager of Consumer Reports, “If the merchandise doesn’t show up, or more likely shows up and it’s not what you wanted, it’s not what was described, or it’s broken, and if the merchant won’t help you out, you still have the right under law to get that money back through the credit card provider. So you exercise the chargeback right”.

 

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Basically, when a product has been purchased through the debit card, the amount that has been deducted is the customers’ money. While, on the other hand, purchases through credit card means, the consumers are tapping a line of credit granted by bank. That means it is their money. So, the risks involved are absolutely different and thus now you know how much you are save with which card the most!

debit card vs credit card which is better

Hopefully, I have made it very simple on which card to use while making various purchase. If the article has been useful to you, please make a comment on the box. Thank you in advance!

Source: Debit Card vs Credit Card which is better

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