Debit Card vs. Credit Card: Which Card When

Debit Card vs. Credit Card

Debit card vs. credit card, which card should you use when? It may feel like plastic is plastic, but when it comes to your money, there are some distinct differences between a debit card vs. a credit card. In this Shannah Shares episode, I’m talkin’ about when you use which card, how to maximize your benefits, and some key distinct differences.

This episode was inspired by a question from Marcus who wrote: Shannah, thanks for the show. I’m learning a lot and enjoying actually hearing about money every week. Your guests are rad, so thanks for that. I got into this debate with my fiance the other night about credit cards vs. debit cards and at the end of the debate, we both realized that we really didn’t know when we should use each card. I thought I would come straight to you and see if you can help us figure it out. I currently have 2 credit cards and one debit card but I never know which one to pull out for day-to-day purchases and then for big purchases. Thank you again!

EPISODE LINKS

Investopedia – Debit vs. Credit Card

Bankrate.com – Which card is safer

Moneytransfers.com debt survey

Debt and Mental Health article

See also  How to Save Money Remodeling Your Home & Create an Authentic Space

SPONSORS

  • Thanks to Ka’Chava for sponsoring the show. Ka’Chava is offering 10% OFF for a limited time at Kachava.com/mymoney.
  • Thanks to Masterworks for sponsoring the show. To get priority access go to masterworks.art/mymoney
  • Thanks to Chime for sponsoring the show. Get started with Chime today. Applying for a free account takes less than 2 minutes. Get started at chime.com/mymoney.
  • Thanks to Shopify for sponsoring the show. Shopify is more than a store. Connect with your customers. Drive sales. Manage your day-to-day. Go to http://www.shopify.com/mymoney for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features.
  • This episode is sponsored by/brought to you by BetterHelp. Give online therapy a try at betterhelp.com/mymoney and get on your way to being your best self.
  • This episode is sponsored by Planet Money. Listen now to Planet Money from NPR — wherever you get your podcasts.

LEAVE US A REVIEW

Leave us an honest rating and review, pretty please. Head to the podcast player you’re listening to this episode in to leave us a review or you can click here to leave a review for Everyone’s Talkin’ Money podcast on Apple Podcasts. 

Love this episode. Share it with a few friends so they can learn these valuable money concepts as well. Be sure to FOLLOW and SUBSCRIBE to never miss an episode!

See also  How to Understand Your Habits, Beliefs & Emotional Relationship to Money

GOT A QUESTION?

Have a Shannah Shares question? Submit your question here https://bit.ly/shannahshares

MORE MONEY TIPS

Follow Me on Instagram for more money tips and behind-the-scenes information https://www.instagram.com/shannahgame

FREE GUIDES + RESOURCES

FAV MONEY APPS + TOOLS

Favorite budgeting apps – You Need a Budget & Monarch

Best High Yield Savings –  Marcus & Ally Bank

Favorite online bank account – Chime

Best climate-conscious online savings & bank account – Aspiration

Best Business bank account – Novo 

Personal loans – Upstart 

Affordable Life Insurance – Ladder
DISCLAIMER: This podcast and money content are for educational purposes only. Always consult with your financial advisors prior to making money decisions. Please do your own research to figure out whether a financial product, tip or suggestion will work for your money goals. You can find a Certified Financial Planner in your area here.