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 account
2. 01:21 - Lack of fraud protection
3. 03:09 - Section 75 protection
4. 05:09 - Spending perks (e.g. cashback)
5. 05:57 - Flexibility around repayment options
6. 08:09 - Prevent release of direct debit setup information
Using 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.
30 июл 2024
