Author Topic: Credit Card vs. Debit Card  (Read 1389 times)

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Ken312

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Credit Card vs. Debit Card
« on: September 09, 2012, 04:01:08 AM »
Hi, am just wondering....

Ano ba difference ng Credit Card and Debit Card? Wala kasi akong Credit card and debit card e... dami ko kasing nakikita online pwede ka bumili ng product basta online... requirement daw magbayad e credit card ... Medyo confuse lang...  Can anyone explain to me how I would know when to use best a credit card and a debit card? Like ano ano advantages ?

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Credit Card vs. Debit Card
« on: September 09, 2012, 04:01:08 AM »

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Re: Credit Card vs. Debit Card
« Reply #1 on: September 09, 2012, 04:25:26 AM »
Just to give you an idea, A credit card is best when you are disciplined in handling your finances otherwise, you will be incurring penalties and interest charges if you do not pay your bills on time.

A debit card is used for paying as you transact/purchase. Using a debit card will force you to purchase only up to the amount you can afford at point of transaction.

I hope this helps. Thanks.

entrepreneura

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Re: Credit Card vs. Debit Card
« Reply #2 on: September 09, 2012, 04:51:55 AM »
I only have one card and that is credit card... I use my credit card more because I can pay for the purchases I made later pa. I'm not an impulsive buyer so I don't really fear that I will overspend just because I have a credit card. Debit card is like a prepaid card. Kelangan may pondo ka before you can actually pay purchases using this card.

Another reason why I use my credit card more is that I get points, free items and discounts. Siyempre I want to take advantage of these para masulit ko naman ang annual fee ko!

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Re: Credit Card vs. Debit Card
« Reply #2 on: September 09, 2012, 04:51:55 AM »

 

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