Debit Cards

Debit Cards

Debit Cards

Debit cards popular but lack credit's consumer protection

They're safer than cash and less cumbersome than checks. Most retailers that accept credit cards also accept debit cards. And because debit cards withdraw money directly from the card holder's bank account, they offer relief from the surprise interest rates, late fees and indecipherable contract terms that have soured many consumers on credit cards. Ref. Source 7