Throughout the history, people have exchanged all sorts of items as money. However, none of them offer as much advantages as debit card. Debit card is safer than credit card because it prevent you from overspending. Unlike credit card, the funds are directly deducted from your account when you make a purchase with your debit card.

Debit card can be used to increase your credit score rating if it is used efficiently. Your credit rating determines whether you are qualified to get a loan and the amount of interest that is applied. If you have a higher credit score, you will pay a lower amount of interest. Using debit card to pay for an item instead of cash will help you to gain a track record. When purchasing an item with your debit card, you should inform the merchant that it is a charge and not a debit. Once the amount is registered as a charge, the amount is directly deducted from the account so that you have a perfect payment history. Debit card allows you to pay the utility bills online without having to worry about mail delays. In this way, you can maintain a healthy credit score by making payment for the utility bills on time.

With a debit card, you no longer have to carry cash. You can use debit card in stores that accept debit card payment as long as you know the PIN number. Once the payment is accepted by the electronic device, the amount will automatically be deducted from your account. You should never reveal your PIN number to other people to prevent fraud and be wary when entering the PIN number in a public place to avoid identity thieves. This is because if your purse or wallet is stolen, the thief needs your PIN number before he can access the funds inside the account. Debit card is a convenient form of payment because it prevents you from making trips to the ATM to withdraw money. If you need to use cash, you can withdraw it directly from the local ATM machine anytime.

There are a number of shopping outlets that offers cash back. Debit card cash back is a service where an extra amount of money included in the price is returned to the customers in cash along with their goods. For example, a customer asks for a $15 cash back on an item that cost $10. The customer will have to pay a total for $35 with his debit card in order to receive $15 along with his good. Cash back allows you to hold cash in hand without having to take a trip to ATM machine.

In addition, debit card prevents you from racking up significant credit card debt. When you make a purchase, the amount is directly deducted from the account so that you don't have to pay back later. As a result, you will not be entitled to pay for the high interest, late fees, or other credit card related fees.

Debit cards have an overall advantage of keeping a person away from unnecessary credit card debt. It helps you to manage your spending habit because it can only be used when there is enough money in your account.