Should you use a debit card or a credit card for your everyday purchases? Today I’m sharing the differences between Debit Cards and Credit Cards and what banks DO NOT want YOU to know (how to get bonus travel and cash back rewards from your credit cards!). The long debate of Debit Card vs Credit Card may finally be done today after you watch this video!. Be sure to look below the recommendations to check out the transaction register on how you can treat your credit card like a debit card!
Which card do you use more? Debit Card or Credit Card?
Check out this UPDATED Video…Why I Do NOT Use My Debit Card: https://www.youtube.com/watch?v=OI211E5Mhqc
Also learn more awesome credit card tips you should know about ► https://youtube.com/playlist?list=PLLahC_U_FXc24198fMt2GW50PkDeUAAeq
HATE Credit Cards but STILL Want Rewards? 💳 Get the Debit Card that gives you cash back like a credit card! ► https://link.point.app/SWEETLIFE
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Credit Cards & Credit Score:
💳 Get the Debit Card that gives you cash back like a credit card! ► https://link.point.app/SWEETLIFE
✅ Check Your Credit Score for Free at Credit Karma ► http://sweetlifesuccess.com/go/credit…
💳 Apply for an American Express Card with this link. We can both get rewarded if you’re approved ► http://sweetlifesuccess.com/go/amex
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₿ Get Started with CoinBase and get free Bitcoin ► http://sweetlifesuccess.com/go/coinbase
DOWNLOAD THE TRANSACTION REGISTER AS MENTIONED IN TODAY’S VIDEO ► http://sweetlifesuccess.com/downloads/money-register.xlsx
The main similarities/differences between a debit card and a credit card are:
1. Debit Cards take money right out of your bank account. Credit cards offer you a line of credit that you can buy against, without having the money on hand (not always good due to going into debt!).
2. Debit cards do still carry the same fraud and dispute privilege as a credit card.
3. Credit Cards, when used correctly, give you TRIP/TRAVEL rewards or CASH BACK Rewards! I have earned over $82+ with my American Express Card. I treat my Credit Card like a Debit Card and with smart budgeting I make a nice cash back! 💳 Apply for an American Express Card with this link. We can both get rewarded if you’re approved ► http://sweetlifesuccess.com/go/amex
If you don’t like AMEX, check out my Credit Cards for Beginners to see which card may work best fo you. Just be sure to stay out of Credit card debt, and use the card only as a Debit! ► https://youtu.be/kscKJgMyEBU
For years I used a Debit Card instead of a Credit Card because I was a loyal Dave Ramsey follower and figured that credit cards were a bad thing! But then I started thinking about it…if I am responsible with how I handle my money and focus on a tool that I can create that treats my credit card like a debit card….well then I can focus on earning cash back rewards! So I created the transaction register that I talk about in this video and then I manage my money better and pay off my credit card in full! Learn more about how that can impact your credit score in a good way in this video: https://youtu.be/FdOnAyGHsfY
Chapter’s of Today’s Video on Debit Card VS Credit Card:
00:00 Introduction
00:34 Debit Card Differences
00:55 Credit Card Differences
01:48 Use Credit Cards as a Debit Card?
02:30 How I Pay off My Credit Card Monthly
04:45 How to Use a Credit Card
You got this! Start treating your credit card like a debit card and enjoy the many benefits of your credit card!
Yours in Financial Success,
Bob
Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.