When is it better to use a credit card as opposed to a debit card?
These days that's an important question. With online purchases growing, one general rule suggested by the Pinellas Department of Justice and Consumer Services is to use a credit card so you can more easily dispute charges and get your money back.
• Control: Using a debit card avoids living beyond your means (a good option for people carrying debt).
• Protection with signature: Signature-based debit card transactions receive the same protection against unauthorized purchases as credit cards (Note: This policy can change at any time with debit cards).
• Merchant disputes: Whether you are dissatisfied with your purchase or have an unauthorized transaction, it can be harder for the consumer to resolve disputes with merchants, especially with a PIN-based debit transaction.
• No monthly bill: Without a monthly bill, some consumers may not be as diligent about consistently reviewing their bank statements for errors or unauthorized transactions.