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I'm pretty sure it's a useless question. You can use debit cards as credit cards and vice versa.
by TheSOB88 14y ago
I'm pretty sure it's a useless question. You can use debit cards as credit cards and vice versa.
- TimGebhardt 14y agoUse a credit card as a debit card and get charged the cash advance rate? No thanks, I'm glad people ask!
- grumpycanuck 14y agoNice American-centric view there. Up here in Canada we can use 'debit' to pay using our bank account with a separate card from our credit cards.
- gwillen 14y agoNo, it's exactly the same down here in the US. Parent poster is just clueless.
- otterley 14y agoMy purchases only qualify for the quota needed to trigger interest payment on my checking account if I choose "credit." Also, merchants are charged differently depending on the choice. So it's a useful question.
- dllthomas 14y agoThat's precisely the point, though. If you could only use debit cards as debit cards and credit cards as credit cards, they wouldn't need to ask which way I would prefer they run it.
- PaulHoule 14y agoI'll say that 90% of my purchases are done with a credit card. My financial mentors have taught me that debit cards are a scam and that they're something you don't want to use unless you like getting hit with $30 fees to do $3 transactions. You don't want to use them to check into a hotel, buy gas or buy a rental car. If you're using a credit card, there's no reason for them to ask that stupid question. If you're using a debit card it gives them a license to screw you two different ways. I do use debit cards to (i) access my health savings account, and (ii) access my paypal balance, which gives me a pool of "mad money" that I can refresh by selling the things I buy with it.