The Advantages and Disadvantages of Debit Card – Credit – Borrowing Money
What is a debit card?
You may be planning a credit card soon. But do you really need it? Maybe more than enough on a debit card. What is a debit card? These are credit cards that are very similar to regular credit cards, but with the difference that you have to put your own money. So you can load a debit card yourself.
Why purchase a debit card?
We also call a debit card a prepaid credit card. These are suitable for consumers with a negative BKR registration. But also for people who do not want to work in debt but still want to benefit from the advantages of a credit card. With a debit card, it is also easy to keep control over your expenses. You can view your expenses online. With a debit card you can actually do everything you can with a regular credit card. You can not buy on prepaid cards with such prepaid cards. These cards therefore have no credit possibility.
Paying worldwide with prepaid credit cards
Why would you take a credit card if you have almost as many benefits with a debit card? Because even with these cards you can make your payments anywhere and at any time. Yes, worldwide. And also online. Order your flight tickets with your debit card, book a hotel online or do your other internet purchases with this card as you would with a regular credit card.
All the benefits of a debit card at a glance:
• You can pin contactlessly.
• Debit cards are accepted throughout the world as a means of payment.
• You can request a prepaid credit card with a negative BKR registration.
• Checkout in every store.
• Always insight into your payments.
• Always 100% control over your money.
• Most cards can be linked to PayPal.
• Purchase protection.
• Make anonymous purchases.
• withdraw money at every ATM.
• Evidence of income not required when applying.
• You never pay interest because you can not stand in the red.
Debit cards also have disadvantages
Are you familiar with the convenience of a credit card? Then it can be a disadvantage that you can never withdraw more money than the amount on the card. So you can not buy on installment.
These prepaid credit cards are very popular with people with a negative BKR. Because you never borrow money, debit card companies do not test at the BKR (Credit Registration Office). Nor is it necessary to provide proof of income. Almost everyone is eligible for this card.
Debit card providers
There are some good debit card providers. As far as we are concerned, the best card at the moment is the Viabuy debit card. With this card you have many possibilities and the Viabuy prepaid card is also directly a card that is most accepted. Also check our website for the advertisements.
You pay a one-time purchase fee for this card. Depending on your payment card, you may also pay membership fees. If you withdraw money from a payment terminal, the debit card company can also charge you for this.