Is Your Debit Card REALLY That Fabulous?
August 20, 2007 by Miranda Marquit
Filed under Finance
Plastic is becoming the trend. And I don’t mean credit cards. I’m talking about the debit card. According to the Federal Reserve and the American Bankers Association, 33 percent of purchases are made with debit card. That ties with cash for the #1 method of paying for stuff. I was surprised at first that credit cards are only 19 percent. Then I thought about it.
Why we love the debit card
We are constantly being told that credit cards are the root of all evil, and to avoid them. But we love the convenience of doing nothing more than swiping a piece …read more




