yes same here for both CC and debit cards...altho'' you can choose to put your card into the machine and type your pin, but essentially it's a tap and go.. but with a debit card the limit is £100 before you must insert your pin number
That’s me too. Love the Tap.
LOL thanks for posts.
only for purchases over £100 usually ... because if you're defrauded out of less than that, your Card company usually won't refund...
| There are no annual fees to pay | Debit cards don’t tend to come with the same rewards as some credit cards |
| They can be easy to apply for | Purchase protection is more limited compared to a credit card |
| You’ll have some purchase protection under the Chargeback scheme if something goes wrong | If you use your debit card and it takes you into your overdraft, interest rates can be high |
| You can use debit cards to withdraw cash, usually fee-free | |
| You can shop online, in store or over the phone |
| Pros | Cons |
|---|---|
| You can spend more money than you have, helping you to pay for unexpected expenses, or spread the cost | There's a risk of getting into unmanageable debt |
| Providing you use your card sensibly, you can improve your credit score over time | Interest rates can be high if you don't pay the balance off in full |
| They are convenient to use and widely accepted | You might be tempted to buy items you don't need |
| You can sometimes get 0% interest introductory deals | Cash withdrawals charge high fees and daily interest, much higher than your standard APR |
| Credit cards are safer than cash because if your card gets lost or stolen, you can cancel it. | If you miss a payment or go over your credit limit, you’ll pay a fee and this could also affect your credit score |
| Purchases are protected under Section 75 of the Consumer Credit Act | Some credit cards charge annual fees |
| You can take advantage of rewards or cashback schemes |
I was about to say the same thin, MJ.
You reinstall your OS often? Why?
Clears anything that may be left. Loads latest and greatest updates. It takes less than 30 minutes from start to finish. Give me a fresh OS. It's my way to do a complete reboot. I use flash drives for storage, encrypted files offline for passwords and personal info. But then again I'm anal.
Thanks for explaining.
We've had a Discover card for years and I use it for everything, including own monthly bills, like Netflix, Dish, utilities, etc.
That’s the bottom line.
Agreed. It's important to note that if you're using credit cards to spend money you don't have, you're spending your future.
Exactly. We have a few credit cards we use, and if we can't afford to pay off the balance each month, we don't make the purchase. I have Discover, but I favor my Capital One card for cash back. Never paid interest on any credit cards.
The bank hubby and I are with are ON IT - so using debit is fine for us. However, I mainly use my debit card as credit.
I complete agree, Murrmurr. I have still have credit cards I haven't used in years. Closing an account can lower one's credit score. Of course, that really only matters if you are applying for any new credit. I never know when I may want a new car, need a home equity loan, etc.
