0
Credit, because you are paying someone else back, along with the combined cost of intrest, and possibly other fees.
Where as, Cash your paying the amount you owe, along with sales tax. That's it.
you dont have to go through anyone else that way, and your not paying extra fees..
Hope i helped
:)
What else can I help you with?
Does it cost more money to use a credit card than cash?
No it doesn't cost much it remains the same
Why should you use cash more then credit cards?
Cash can be used at more stores, and you dont collect debt if you pay purely in cash, as your not giving away hypothetical money
Can a business charge extra for work paid by credit card?
Technically it's unethical to charge more to customers who don't pay in cash, but it cost money for a business to accept credit cards and some small companies charge a credit card fee to compensate losses.
When will the cash book have credit balance?
When company spend more cash then it actually has will cause credit balance of cash book.
Do people use credit cards more than cash?
Generally, people are moving toward more electronic means of payment instead of paper money, but these are not limited to credit cards.
Why credit is expensive than cash?
Using a credit card is more expensive because the credit card companies charge retailers a percentage of each transaction - that's largely how they make their money.
Why the credit card harmful than cash?
Many consider credit cards are more harmful than cash because with credit cards, it is very easy for people to be heavily indebted. Also, many people are becoming victims of credit card fraud.
What are the benefits of acquiring a student credit card?
A student Credit card can be good if they are overseas or if they need emergency cash. They can also make a student more responsible and learn to handle money.
Is it possible for the cash account to have credit balance?
It could be possible for the cash account to have a negative balance. This could occur if they wrote a check out for more money than they have. This would not be a good situation for a company!
What does debit and credit mean?
Debit is when they take from your bank. A credit is money paid into your account. But the other meaning of credit is the ability to borrow money. The more money you make and the more you use your credit and pay it off, the more credit you get.
What are the reasons why firms give credit?
Firms give credit so people will spend what they normally wouldn't spend. This way the store or entity makes more money, not only on product but on interest rates on the credit card. Most people will buy more on credit than they will with cash on hand.
How to Save Money with a Gas Cred Card?
One of the most popular vacation choices each year is to take a road trip through the country. Due to the rising cost of oil and gas, this type of trip has become more and more expensive. Luckily, through the use of a gas credit card, there are ways that you could save money on your gas expense. A gas credit card can save you money a number of different ways. The first way that it can save you money is by providing you with cash back based on the amount of money that you spend on gasoline. Most gas credit cards provide a cash back return of up to 5% of the amount of money that you spend on gasoline each month. Depending on how far you drive, this could be a significant return.
