Many people prefer to use their debit card for everyday purchases because it is easier to manage your money. While you can overdraft (ouch!), you can't rack up the same amount of interest-bearing debt like you could on a credit card. Debit cards are so popular that they account for 28% of all non-cash transactions. Debit vs credit transactions You might have noticed that when you make purchases with a debit card, you have the option to run it as debit transaction or credit. This...

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We’d like to put debit card users in three categories: The second nature user – you use your debit card for all purchases and don’t even think about other means of currency. The cautious debit card holder – you want to be mindful of a potential unauthorized purchase and limit when and where you use your card (especially online). The “what debit card?” user – You rely on checks and cash to manage your flow and that debit card rarely sees the light...

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