One for All Alaska Blog

Comparing Cards

Posted by Credit Union 1 on Apr 12, 2016 1:25:15 PM

Cash, check or card? Debit, credit or prepaid debit? You make this decision so many times a day that it might seem common and unimportant. After all, different forms of payment are just different ways to access funds, so what difference does it really make if you put your breakfast sandwich on credit instead of debit?

No payment method is automatically better or worse than any other; it comes down to when and how you use each payment type. Fully understanding each payment type allows you to make smarter decisions, and take advantage of the benefits of each payment type while avoiding any drawbacks. 

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Topics: Financial Fitness, Infographic, It's A Money Thing, Credit Cards, Spending