March 2019
Credit Cards versus Debit Cards
Submitted by Sims Investment Management, LLC on March 14th, 2019Most consumers typically have both a credit card and a debit card. Of course, the biggest difference between the two is that a debit card will immediately take money out of your bank account when used, unlike a credit card, which will pay for the purchase and later add the amount of the transaction to your monthly statement.
But are there any other differences between the two?
