Comments on: Debit Cards: Better or Worse than Credit Cards? http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/ Technology Reviews, Personal Finance, Movies and TV Shows, Politics, Environment, Books... Fri, 30 Jul 2010 02:47:59 +1000 http://wordpress.org/?v=2.8.4 hourly 1 By: brian http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-25996 brian Tue, 06 Jul 2010 13:09:44 +0000 http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-25996 I've been using a debit card for the last 1 1/2 years while not touching a credit card. Depending on the bank it's very useful to get a monthly breakdown of your card usage...that's when you realize if you're hitting the bars too much! I’ve been using a debit card for the last 1 1/2 years while not touching a credit card. Depending on the bank it’s very useful to get a monthly breakdown of your card usage…that’s when you realize if you’re hitting the bars too much!

]]> By: Tom http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-25635 Tom Wed, 23 Jun 2010 14:40:27 +0000 http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-25635 In Finland we have two kind of debit cards : online debit cards and offline debit cards. If you have online debit card (like people with bad credit does) it checks if you have enough money in your account to make a purchase, before accepting the transaction. If you have offline debit card, it normally doesn´t check your balance and the purchase won´t be charged from your account until about 5 days later. Sometimes it checks the balance, but if you have more money than the purchase is, it accepts the purchase and it still takes about 5 days to see it on your account. But if you have bad credit, you won´t get offline debit card which is almost funny, because there´s no credit on it, just this few days delay. In Finland we have two kind of debit cards : online debit cards and offline debit cards. If you have online debit card (like people with bad credit does) it checks if you have enough money in your account to make a purchase, before accepting the transaction.

If you have offline debit card, it normally doesn´t check your balance and the purchase won´t be charged from your account until about 5 days later. Sometimes it checks the balance, but if you have more money than the purchase is, it accepts the purchase and it still takes about 5 days to see it on your account.

But if you have bad credit, you won´t get offline debit card which is almost funny, because there´s no credit on it, just this few days delay.

]]> By: Mike http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-24809 Mike Wed, 26 May 2010 19:02:25 +0000 http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-24809 With the current debt loads in America, Americans need to learn to manage money better and stop relying on credit cards. With the current debt loads in America, Americans need to learn to manage money better and stop relying on credit cards.

]]> By: Jeremy Stevens http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-21341 Jeremy Stevens Thu, 11 Feb 2010 03:37:47 +0000 http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-21341 I'm sort of surprised people haven't mentioned the simple and easy transaction for online orders! i got a Visa debit card to purchase online or overseas. i use to ask for bank deposits and details via email = big hassle. so much easier now and what you buy comes straight from your own money meaning less liability with someone else's I’m sort of surprised people haven’t mentioned the simple and easy transaction for online orders! i got a Visa debit card to purchase online or overseas. i use to ask for bank deposits and details via email = big hassle. so much easier now and what you buy comes straight from your own money meaning less liability with someone else’s

]]> By: Frank DeMantis http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-16234 Frank DeMantis Fri, 07 Aug 2009 13:51:51 +0000 http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-16234 Interesting post, I never thought of using one before and now I can see the benefit. I have gotten in some trouble in the past with credit cards. Some good advice that I read once was to keep reducing your credit limit as you pay your card off, that way you don't get into more debt. Once I do this I might switch to a debit card and stop buying go fast bits for the car :) Interesting post, I never thought of using one before and now I can see the benefit. I have gotten in some trouble in the past with credit cards. Some good advice that I read once was to keep reducing your credit limit as you pay your card off, that way you don’t get into more debt. Once I do this I might switch to a debit card and stop buying go fast bits for the car :)

]]> By: Joe http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-2332 Joe Tue, 02 Jun 2009 11:56:17 +0000 http://www.bhatt.id.au/blog/debit-cards-better-or-worse-than-credit-cards/#comment-2332 I guess if you are really keen about it you can pay everything off by credit card and then pay off the balance a month later and keep the money in a savings account for extra interest. I guess if you are really keen about it you can pay everything off by credit card and then pay off the balance a month later and keep the money in a savings account for extra interest.

]]>