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    Martin Lewis lancia un avvertimento alle persone che utilizzano carte di debito anziché carte di credito

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    25 commenti

    1. Aspect-Unusual on

      From personal experience Credit Cards have a smaller overdraft fee compared to Debit Cards + Credit Cards give better protections on items/services you pay for, and this is what I assume the story is about? Since thats all Lewis talks about when he mentions Credit Card vs Debit Card

    2. TheShakyHandsMan on

      I used to use my credit card and fully paying it off each month for buying goods instead of my debit card.

      Reddit financial experts said I was doing it wrong.

      Which is the right method?

    3. LopsidedLegs on

      Credit card for anything above £100, or for deposit on something worth more than £100. Everything else on debit card.

    4. kitd on

      I got rid of my credit card about 10 years ago because I was always spending within my limits. Then this summer I needed to hire a car in Ireland, for which I needed a credit card. Simple, I thought, just get a cheap one. No such luck. With no credit history,  no one would have me apart from my own bank offering a very restricted option. I used it once and that was it.

      Go figure, as they say …

    5. BaldyBaldyBouncer on

      Why is Martin Lewis’ face used for so much clickbait?

    6. TheChaoticCrusader on

      So use credit card if your debt card has low funds is what I’m getting out of this as it will cost less interest ? 

    7. Bright_Software_5747 on

      I’ve used credit cards ever since I was a student for daily costs which I would just use a debit card for, have paid it off every month, never come close to my limit cos I only use it for money I actually have in the bank, lots of cool perks, section 75 protection, a bunch of points. As I’ve graduated and gotten better income overtime and credit history my access to better credit cards has improved. When most British ppl hear credit card their immediate assumption is someone using it almost like a loan and taking thousands in debt then spending it at Ladbrokes lol, those cards do exist but most are using it as rewards/cash back cards.

    8. andymaclean19 on

      Using credit cards and paying them off is fine. The trap is when you don’t pay them off. The debt creeps up on you over a period of years and eventually becomes unserviceable. The credit card companies encourage this by offering 0% transfers so you can bounce an ever increasing debt between cards without really noticing until you end up with too much.

      An overdraft will not do this. They are better regulated and the bank shouldn’t let you get a huge one.

      IMO it’s a little irresponsible to encourage debt-prone individuals to ‘optimise’ for falling into this trap even if they are technically saving some money on interest.

    9. Rich_27- on

      Martin Lewis is always issuing warnings for this and that.

      As per the “Birmingham mail” or any other low budget, low effort internet news sites.

      (I’m looking at Reach media)

      It’s getting to the point of over saturation now.

    10. SeaObjective2872 on

      “If you are overdrawn, a debit card is a [debt](https://www.independent.co.uk/topic/debt) card too”. If you cannot manage your money with a debit card imagine the damage you can do with a credit card!! Most people start off with the intention of paying their CC balance in full every month then life gets in the way and the debt starts building up. CC debt in the UK is now over £70billion. Someone isn’t paying their CC bill.

      With a debit card it’s not possible to get into a mess in the first place.

      Section 75 protection can be useful but it’s an over-sold reason to get a credit card. Most reputable retailers, including Amazon, will give no questions asked refunds for faulty goods (at least that’s been my experience).

    11. kank84 on

      I’ve used my credit card for all my normal spending for the past decade, I just pay it all off at the end of the month. I get the extra protective that come with using a credit card, and I get points on all my spending that I can exchange for vouchers or use for travel.

    12. AveryLakotaValiant on

      I’ve always used my credit card for any purchase over £100, it just offers more protection in case of issues.

      Banks do offer some form of fraud protection now, I use Barclays and when I paid someone (With ratings/reviews) to fit a new garage door, he scammed me for £600

      The bank refunded it, which really surprised me

      But I did have to explain in great detail the steps I took before paying to protect myself, if I were lazy and didn’t take precautions, I doubt the outcome would’ve been the same.

    13. BlackCoffeeWithPie on

      Credit cards are pretty awesome, if used responsibly.

      I made a sizeable purchase maybe ten days ago, and was just checking my account to see about paying it back. 

      Turns out the statement won’t even come out until 1st December, and then I have nearly four weeks after that to pay it.

      Seems like a cheat code. 

    14. appletinicyclone on

      Tldr: warning is about debit interest rate overdrafts. As long as you don’t go over what you have in the account this won’t apply or matter to you

    15. palmerama on

      I rented a car on holiday and they only allowed credit cards and didn’t accept Amex. It was a joke.

    16. Kcufasu on

      Silly clickbait stating the obvious – don’t go overdrawn

    17. Chaosblast on

      Credit cards in the UK are just not worth it imo. I’ve never needed the additional protection, and forcing you to use their crappy separate account apps is a bother to manage finances.

      Also rewards are crap, unlike in the US. You can get the same or better with a debit card or current account.

      I only have a credit card for car rental deposits, as they can get stupid without one.

    18. WilliamsTabs1 on

      I don’t have an overdraft and don’t spend money I don’t have so a debit card works fine for me.

      I watched my dad constantly getting in debt with credit cards, loans and stuff and went through hell as a kid as he did it. So I promised myself and my mother that i’d never put my own family through that hell which is why I have a basic bank account with no overdraft or anything.

      I know how much money I have and I will never spend more than that, will never get a loan, never buy anything on finance etc.. If I don’t have the funds to buy something outright in 1 payment then I won’t buy it until I do.

    19. Thestickleman on

      I use my credit card and pay it off mostly each month.

      I get rewards for using it which also helps

    20. decker_42 on

      That’s sensationalist bullshit.

      He’s saying sometimes credit card debt is cheaper than an overdraft – not that the payment mechanism is better.

      Best is, use a debit card _and don’t get into debt at all_

    21. o_oli on

      I think simplicity is more important to some people. One account one card, keeps everything easy. Credit cards are more of a pain in the ass than needed for 90% of people.

    22. CommonSpecialist4269 on

      I’ve paid for almost everything on an Amex for the last 5 years. Paid off in full every month. I’ve never been tempted to spend what I don’t have. Racked up plenty of avios and a couple of companion vouchers. I’m going on a trip to the US next year with the wife – £300 for two return tickets. It’s great.

    23. Benjaminthomas90 on

      What are people’s thoughts on Klarna cards? Where you make purchases and then pay it off at the end of the month?

    24. ItsDominare on

      Wait, 40 is higher than 25?!

      We’re lucky to have this guy around to tell us this stuff.

    25. Vdubnub88 on

      I paid for my mobile phone in full on 0% interest free credit card, why?… why not? I had 20 months with 0% so i had 20 months to pay off £1000 for a kobile phone.

      Sure i could have used my debit card… but at the time i didnt see the point.

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