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The advantages of debit cards is they provide a handy way to pay for things with money that you have. The disadvantages are if you don't have the money, you can't pay for something.

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9y ago
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Q: Advantages and disadvantages of debit cards?
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Some disadvantages of reloadable debit cards are that it relaly doensnt help your credit and it is sometimes a hassle to go to the store everytime you have to reload it


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Advantages and disadvantages of a debit card?

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Are credit and debit cards identified as credit or debit cards?

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What are the advantages and disadvantages of the various types of payment?

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Should credit debit cards replace money?

Not always. There are times when it is easier to drop change into a meter than to put a debit card in a slot. Debit cards can have a fee. Debit cards can be subject to identity theft. Debit cards can be counterfeited. People who use debit cards often don't know how much they have in their account and can overspend their money and get into debt very fast. Debit cards have their place in place of money, but, there are some times when paying for items with cash and coin is the better way.