Over the years the bank ATM debit card has morphed from the simple automatic teller accessible at the bank's portable money machines. Today, bank debit cards -- with their tiny Visa or MasterCard logos -- allow for direct merchant transactions with use of a pin number or by processing transactions like a credit card. There are a number of reasons why you should select use your debit card as a credit card transaction, including avoidance of additional bank debit card fees and reducing fraud risks.
Credit Card vs. Bank Debit Card?
The question has been asked numerous times when the bank debit card is presented in a direct merchant transaction: "debit or credit?" Many pause, then question whether pulling out some form of official picture identification from the wallet is worth the hassle.
In two simple words: it is.
While it may be more financially responsible to use the debit card in the first place- accessing money already earned- there is even more to consider if the debit card is to be used with economic finesse. There are numerous reasons to opt for the credit card transaction over the debit card transaction.
