http://www.accumulatingmoney.com/5-disadvantages-of-using-a-debit-card/ Because wealth is better than poverty, if only for financial reasons. Mon, 06 Feb 2012 01:49:45 +0000 hourly 1 http://wordpress.org/?v= http://www.accumulatingmoney.com/5-disadvantages-of-using-a-debit-card/comment-page-1/#comment-54780 $19 Billion In Overdraft Fees | Accumulating Money Sat, 22 Aug 2009 05:49:19 +0000 http://www.accumulatingmoney.com/?p=265#comment-54780 [...] $19 billion this year, up 85% from 2004. Banks charge as much as $35 for a check, ATM withdrawal or debit purchase when funds to cover them are lacking, even if it’s a $2 cup of coffee that puts a [...] [...] $19 billion this year, up 85% from 2004. Banks charge as much as $35 for a check, ATM withdrawal or debit purchase when funds to cover them are lacking, even if it’s a $2 cup of coffee that puts a [...]

]]> http://www.accumulatingmoney.com/5-disadvantages-of-using-a-debit-card/comment-page-1/#comment-38721 Personal Money Tips Fri, 13 Jun 2008 18:48:06 +0000 http://www.accumulatingmoney.com/?p=265#comment-38721 I have a separate account for my debit card purchases and general spending and another for my checks. That way I don’t run the risk of going into overdraft or bouncing payments and I know that if my debit card doesn’t work, I’m just our of money! I have a separate account for my debit card purchases and general spending and another for my checks. That way I don’t run the risk of going into overdraft or bouncing payments and I know that if my debit card doesn’t work, I’m just our of money!

]]> http://www.accumulatingmoney.com/5-disadvantages-of-using-a-debit-card/comment-page-1/#comment-38651 Wil Thu, 12 Jun 2008 17:50:02 +0000 http://www.accumulatingmoney.com/?p=265#comment-38651 I'm assuming you are talking about using a debit card like an ATM card. If so, then absolutely! If you have a debit card with either a Visa or Mastercard logo, you can use the card the same way you would use a similarly branded credit card. Of course you still have to keep records of what you spend to make sure you don't go wild, but that is also true with credit cards. The only difference is you have longer to sweat waiting for a credit card bill than having the money already out of your account within a couple days. I’m assuming you are talking about using a debit card like an ATM card. If so, then absolutely! If you have a debit card with either a Visa or Mastercard logo, you can use the card the same way you would use a similarly branded credit card. Of course you still have to keep records of what you spend to make sure you don’t go wild, but that is also true with credit cards. The only difference is you have longer to sweat waiting for a credit card bill than having the money already out of your account within a couple days.

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