Why Credit Cards Are Preferred Over Debit Cards
January 6, 2023 ⚊ 1 Min read ⚊ Views 111 ⚊ BUSINESSWhy Credit Cards Are Preferred Over Debit Cards
Credit and debit cards have been in individuals’ wallets and pocketbooks for decades, but the former mode of payment is older than the latter. With a credit card, an individual can make a purchase using the card issuer’s money. The card holder will have to pay this money back within 15 to 45 days, or else they’ll start paying interest on the outstanding balance.
Tags: Credit and debit cards, Credit and debit cards ny