Why You Shouldn't EVER Use Debit Cards
from Sasha Yanshin Hosted by Sasha Yanshin
A few key reasons for why you should avoid using debit cards when making purchases in store or online and the major benefits that credit cards have instead.1. 00:13 - Debit card is the gateway to your current account2. 01:21 - Lack of fraud protection3. 03:09 - Section 75 protection4. 05:09 - Spending perks (e.g. cashback)5. 05:57 - Flexibility around repayment options6. 08:09 - Prevent release of direct debit setup informationUsing your credit card gives you so much more protection, more options on how and when to repay and often provides additional perks whether it's cashback or some form of a loyalty scheme.For virtually all regular payments, a credit card will always win against using a debit card so make sure you're using the right plastic for your purchases.
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