I know this might just reflect financial culture differences across countries, but let’s give it a try

Edit: as a clarification, I meant credit card compared to debit, not to cash

  • funchords@lemmy.sdf.orgEnglish
    12·
    11 months ago

    I use a credit card because our laws in the USA protect credit-card purchases better than they do debit-card and other electronic purchases.

    Although I use a credit card with revolving credit, I always pay the full balance each month. In this way, it acts as a debit card, but I get the benefits of a credit card. I have to remember to pay it on time, but I can set up autopay even for that.

    My credit union (a kind of non-profit bank owned by its members) is the issuer of the card, and it gives a 2% cash award for credit-card usage.

    • walden@sub.wetshaving.socialEnglish
      2·
      11 months ago

      I do this, too. Anyone with any sort of self control should do the same, unless they prefer cash.

      Using a debit card is too risky.