We’re not fans of credit cards, but there are times when they’re a better choice than debit. Here are three reasons why:
- They’re better for shopping online. Since debit cards are linked directly to your bank account - you can get cleaned out if your information is hijacked. But credit cards have a cap on how much you’re liable for if a hacker gets your information.
- Credit cards are also better when buying big-ticket items. They offer more protection if something goes wrong with your purchase… And many credit cards increase the manufacturer’s warranty at no additional cost.
- Use a credit card when you book airplane or train tickets in advance. When you use a debit card, the money’s gone from your account that day. But if you use a credit card, you won’t be charged until you pick up your tickets.