Credit vs. Debit
Ari Weinberg reports in Forbes on the growth in debit card volume in the US vs. credit card.
Consumers are increasingly turning to PIN and signature debit for everyday purchases. The dollars come out of a checking account immediately, alleviating the worry of credit card bills and interest rates. However, many debit cards still carry a maximum daily spending limit (sometimes up to $5,000) and don't offer cash-back rewards, so those big purchases will still have to go on your credit card. For now.





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