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TopicAre millenials who use debit over credit cards low information consumers?
CableZL
04/26/18 3:57:13 PM
#117:


kg88222 posted...
The point is the same though. A debit card you are just doing the same thing and payng out of your own funds. There is no risk of going past a certain point on a debit card.

Credit cards there is a time limit if you don't pay. If you are paying with debit you have the money and there is no time limit. There are also no hidden fees on purchases.


1) I can tell you from 1st hand experience that there is risk of going past a certain point with a debit card.
- overdraft fees are a thing

2) The point isn't the same. Credit cards give you much better security on purchases. You can pretty much use a credit card just like you would a debit card just by going about your normal day and buying what you would normally buy, then paying the balance off as soon as it shows up a couple days later.

3) You still have yet to mention what these "hidden fees on purchases" are. Again, sounds like you're making stuff up.
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