Does anyone still use their debit cards?

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DieselRob
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Postby DieselRob » Thu May 09, 2013 5:09 pm

I carry my debit card in the unlikely event my Amex and Chase Sapphire aren't accepted somewhere, which is never.
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vettel1
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Postby vettel1 » Fri May 10, 2013 11:07 am

I've always paid by debit card until around 8 months ago when I got my first credit card. I have 2 credit cards now and basically pay everything with them, then I just make a monthly direct debit payment.

If your utilization is low per credit card, are you best to build up your wallet with credit cards and split your monthly spending between them?
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Postby RewardHop » Fri May 10, 2013 12:03 pm

vettel1 wrote:I've always paid by debit card until around 8 months ago when I got my first credit card. I have 2 credit cards now and basically pay everything with them, then I just make a monthly direct debit payment.

If your utilization is low per credit card, are you best to build up your wallet with credit cards and split your monthly spending between them?


You should use the one that gives you the best rewards. Just use each card at least once every month and pay in full.
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FastSRT8
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Postby FastSRT8 » Mon May 13, 2013 10:11 pm

Although I use my credit card the most, there are times when debit may come in handy. For example, some smaller business' may offer you a discount if paid by cash or debit.

In this situation, I will pay by debit.
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Postby rockyrock » Tue May 14, 2013 2:03 am

I have always carried around my debit card "just in case" and haven't thought of it for years. The last time I used it was a time I forgot to put my Visa back in my wallet and only had Amex and Discover--neither of which the merchant accepted. I really can't think of any real reason not to keep it at home and stick with an ATM card.
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FastSRT8
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Postby FastSRT8 » Tue May 14, 2013 2:18 am

Still use my debit card to get cash out of a bank machine so I see mine regularly.
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Smart_Shopper
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Postby Smart_Shopper » Thu May 23, 2013 3:11 pm

I very rarely use my debit card. Our credit union has a reward system, but we would average $75 a year in rewards. I can get that in a month with credit card rewards.

I do however regularly use my Target redcard Debit card. Can't beat the instant 5% discount!

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Postby im_mr_awesome » Fri May 24, 2013 12:22 am

Target's REDCard about the only time I'd use a debit card, and I think Target would qualify as a grocery store so the Blue Cash Preferred could make up for the 5% with its 6%, which I think is for grocery stores. Someone may have to correct me on that.

I carry my debit card with me in case a client pays me in cash or check. I bank with Chase, so I can just stop at an ATM to make a deposit after hours. Very handy. Otherwise, I don't use my debit card for anything major and haven't in a long time. Until recently, I did have to pay my hair stylist in cash, so I had to use my debit card to withdraw some cash every month or so, but luckily they have Square now.
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Postby MemberSince99 » Fri May 24, 2013 8:28 am

I NEVER use my debit card anymore, except on the rare occassions I need to get cash from my bank's ATM (to avoid paying fees). I don't carry much cash. And I NEVER use the debit card for really one critical reason - theft. If they steal your card info, they will drain your bank account. With a credit card it's not your bank account money they are stealing - you are liable for no more than 50 dollars and usually nothing.

For that reason alone I do not use it and don't recommend using it. I did it for years and never got ripped off (guess I got lucky) but I sure would not do it if you have a credit card.

Not to mention the rewards, plus spending to help boost your limit, etc.

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Postby benhollberg » Sun May 26, 2013 2:54 am

I never really ever used a debit card, ever. So tell me if I got this right, if someone fraudulently uses your debit card then they can drain your account and you'll be responsible? So basically you are liable for all charges on your debit card? I don't even carry my debit card anywhere, it's in a safe at my place, but I do believe that my credit union credit card will give me access to my account through an ATM if I ever need cash.
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