municipal, state and federal governments often charge a convenience fee on tax bills paid with credit cards.
DALLAS (PRWEB) December 18, 2018
There are a lot of people who still get confused when to use their credit and debit card that is why National Debt Relief shares some tips to distinguish one from the other. The article titled “How To Know When To Swipe Debit Vs. Credit” released December 17, 2018, aims to give consumers an idea of how to best use their cards.
The article starts off by explaining that a lot of Americans have a mix of credit and debit cards in their wallets. The problem is that not all of them have an idea when to use one in lieu of the other. People need to understand that there are considerable differences between credit and debit card transactions. As such, there are times to use a credit card or times when using a debit card may be a better choice
The article shares that for people who are trying to get out of debt, it is best to use their debit card when making purchases. This helps consumers break-free from relying heavily on their credit cards which can put them deeper in debt if they do not manage it well. Using debit cards also helps them budget better because they need to work with whatever they have and cannot overspend.
The article also explains that for consumers who make a lot of online purchases, using a credit card would be a great idea. This is because it gives them an additional layer of online protection from fraud, theft, and other illegal activities. Lenders usually offer excellent fraud protection even to the point of limiting a borrower’s liability in the event the card is stolen or used fraudulently.
The article then points out that for consumers who plan on paying for taxes and utilities, it is best down with a debit card. The reason for this is that municipal, state, and federal governments often charge a convenience fee on tax bills paid with credit cards. To read the full article, click https://www.nationaldebtrelief.com/when-to-use-credit-vs-debit/