The Benefits of Debit Cards Over Cash and Credit Cards

Debit cards are probably the most convenient and flexible means of making purchases. Let’s talk a little bit about the benefits of a debit card over cash and credit cards,

DEBIT CARD BENEFITS

1) Protect yourself from yourself. The most important benefit of using a debit card is that once your account goes to zero, you aren’t able to spend.  If you’ve only got a debit card in your wallet, you will theoretically never spend more than you have, which is a very healthy thing in this age of consumerism. 

2) Peace of mind with insurance. The second most important benefit of a debit card over cash is insurance.  Instead of carrying around a couple hundred bucks in your wallet, just carry a debit card.   If you get jacked on the streets while shopping, you can rest assured the robber won’t be able to use your card, and if they do, you have the debit card issuer on your side.  Your wallet/purse is not worth injury or your life, especially if you have a replaceable debit card.

3) Convenience. A debit card can be used for online transactions, ATMs, and anywhere that Mastercard and Visa are accepted.  Essentially, the debit card is a fantastic cash replacement for most transactions, except for when you lose NCAA tourney bets!

4) Love & Attraction. If you are a male, and bust out one of these cards on a date, I’m pretty certain the card will be a fantastic 15-30 minute talking point.  If you are at the bars, and tell the bartender to “keep it open,” I’m pretty certain women will want to inquire about the card.  If you are a woman using the card at the bar, guys will most certainly use your card as a talking point as well!

A debit card is a useful tool for many of the reasons stated above.  Just remember to spend responsibly!