Debit Card Advantages Over Credit Cards

Prepaid debit cards have benefits over credit cards along with several limitations. You can now shop safely and comfortably without carrying cash. The main differentiation between the two is that the charge for employing a credit card is a kind of the loan while using a debit card you spend your own money that you have deposited into your card account. 

What Debit Card Do That Credit Card Can't Do?

A debit card allows you to deposit your funds into an account and spend as you wish. Conversely, you cannot deposit funds by credit card. You can only use funds which you then have to pay back. In contrast, your deposit only secures your credit and is only available to you when you close your credit card. However, there is also the availability of custom debit card covers in the market to provide it a different look according to your wish.

CUCU DEBIT CARD CUSTOMIZERS! - YouTube

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Debit cards can limit your impulse charges. The reason is simple psychology. This is your money and you can only make card purchases if you have enough funds in your card account to cover your purchases. Unlike paying by credit card, which only limits your spending based on the card's spending limit. 

Some debit cards allow you to check your purchase history and balance online by calling a customer service number, using an ATM, or even using a text message on your cell phone. In today's economy, more and more people find it harder to get a credit card. 

However, it is easy to get a prepaid debit card with the Visa or MasterCard logo. All you have to do is go through identity verification to prevent fraud. Identity verification generally determines your name, date of birth, and address, which matches your legal identity, which usually matches your social security number.