Why do people use debit cards instead of credit cards

Divya Kapoor   25 July 2019

Divya Kapoor

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Credit cards are one of the most popular financial tools nowadays. They are preferred more than debit cards. There are many reasons why people prefer using credit cards instead of debit cards while paying for online transactions. If we talk about credit cards over debit cards, they offer many discounts, reward points as well as cashback, which you will not get on your debit cards. These benefits are beneficial when you pay for your shopping using your credit cards. At that time, you can redeem these reward points to pay off your shopping bill. If you know how to use a credit card wisely, using a credit card is a better option than using a debit card. A credit card lets you pay for your online transactions in a hassle-free manner. While if you carry a debit card, you need to have money deposited in your bank account to pay. A credit card also reduces the need to keeping cash in your wallet as well as in your bank account, unlike debit cards. So, before you plan to apply for a credit card to avail of the benefits it offers, you must go through the benefits that it provides as well how much interest you need to pay when you make default in paying back the bill.


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Joe Carrow (Digital Marketer)     05 January 2020

Joe Carrow
Digital Marketer 
 26 points

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Hey @ Divya Kapoor, Glad to know about this good information about how we can apply a credit card. Thanks

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