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Ever since debit cards came into existence I have been a steady user as opposed to using a credit card. I even went a long time with having one credit card that I only ever used for emergency situations only. I would pull my debit card out at every retailer I would visit and never use cash. I can remember long periods of time never even carrying cash with me for that matter.

I recently started to rethink my position after reading a credit card article. What benefit is there to me the consumer by using a debit card as opposed to a credit card? There are no benefits that I can think of.

Maybe one benefit would be that the money is taken out of my account that second so I can gage how much money I have within my budget and stay within it. It is easier to get into credit card trouble when you can spend, spend, spend all month long and not even realize what you are doing. If your bank account empties then you debit card is empty to.

The last six months I have only used credit cards when they are accepted and put my debit card away. What’s the benefit? Rewards, plain and simple. If you are going to spend money then why not get some swag back out of it. I have a nice collection of Air Miles being built up because I have been putting everything on my Air Miles Credit Card. It’s amazing how fast they can build up.

I also use a second credit card as a back up in case the first isn’t accepted. My second card has a cash back option based on the total amount spent during the year. I make a few of my annual large purchases using this card and enjoying getting a small bit of cash back when everything is said and done.

If you can handle a credit card then why not get paid to spend your own money.

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