| When making any purchases you as a consumer | | | | different days or a larger tip on the day you visit does |
| must protect yourself from any number of financial | | | | not go un-noticed. |
| disasters that could pose a problem. Your choice | | | | 4. Gym Memberships - As a Fitness Business owner, I |
| between using a debit card or a credit card is | | | | have seen and heard about the gym that won't stop |
| something you must understand. A credit card has | | | | billing an ex-member's credit card. Can you imagine the |
| recourse for un-authorized charges while a debit card | | | | charges not going onto your card, but instead coming |
| is a direct line to your bank account with little recourse. | | | | right out of your bank account? What do you do? |
| Following are 7 areas to NOT use a debit card. | | | | What's worse is the gym closing down but your due's |
| 1. Online Purchases - As mentioned, a debit card is a | | | | are still being taken out of your account and you not |
| direct link to your account. Most banks have a small | | | | having any recourse of dispute. With a credit card you |
| liability value attached but many set that amount at $0. | | | | have option disputes. |
| With a credit card you have many more resources to | | | | 5. Travel - Debit card purchases are taken out of your |
| limit your potential for financial ripoff. Check with your | | | | account right away. If you make a reservation and for |
| bank to see what your debit card liability limit is set at. | | | | some reason you cannot travel, with a debit card |
| 2. Large Ticket Items - A credit card offers many | | | | chances are great that you won't be able to get the |
| rights if something goes wrong with the merchandise | | | | money back into your account. With a credit card |
| or the purchase. With a debit card, you have fewer | | | | there again is the dispute options. |
| protections, and it is much harder to get the disputed | | | | 6. Buy Now & Deliver Later - Debit card purchases go |
| money back into your account. Also, some cards will | | | | out of your account right away and later in case a |
| offer extended warranties and some credit cards also | | | | product doesn't deliver as promised you have few |
| offer additional property insurance to cover items. | | | | recourse options. Credit cards offer recourse plus |
| 3. Restaurants - Based on information from the | | | | sometimes offer insurance and warranty options. |
| Restaurant Industry the cases of credit or debit | | | | 7. You're a New Customer - Using a credit card will |
| information being stolen is among the highest. You | | | | give you a peace of mind that your experiences of |
| really have to keep an eye on your account to see | | | | buying go smoothly. With a debit card, the company |
| that smaller charges at the same restaurant on | | | | has the money and you are at their mercy. |