• Credit Cards Versus Debit Cards: Five Places to Choose Credit

    CC Purchases
    Apr 05, 2016
    While many people use credit and debit cards interchangeably depending on their current cash flow and whatever is most convenient at the time, being a bit strategic about when you decide to use a credit card versus a debit card can pay off in several important ways. A debit card is necessary in order to perform transactions at an ATM, and certain merchants will not accept credit cards or will offer you a small discount for paying with cash or a debit card because of the relatively high fees they must pay a credit issuer to process each credit card transaction. On the other hand, a credit card offers many advantages such as better consumer protections and often a more generous rewards program—and using one responsibly will enable you to build a good credit history that will benefit you for years to come. Here are some specific situations where it’s generally wiser to pay with your credit card rather than your debit card.

  • Accessibility
  • Federally insured by the National Credit Union Administration
  • Equal Housing Opportunity
  • NMLS ID# 409710

APR = "Annual Percentage Rate". Actual APR is based on your credit profile and may be higher than the lowest rate available. Posted rates may include promotional discounts and other terms and conditions. APY = "Annual Percentage Yield". Rates are subject to change without notice.

The Police Credit Union proudly provides banking and loan solutions including checking accounts, credit cards, auto loans and more for police and other law enforcement agencies and their families  in the Bay Area and beyond. Visit us at one of our branches in San Francisco, Pleasanton, San Mateo or Oakland, CA or check if you are eligible for membership and apply online today.

Site Design by ZAG Interactive. © 2019 The Police Credit Union.