Carta di Credito and Carta di Debito pros and cons - Finance

The credit or debit card is a valuable asset but when not handled properly it will become a liability, especially for those of you who easily lose track of how much you spend. Although each card presents both advantages and disadvantages, whether you choose carta di credito or carta di debito you must understand how to use the card so that it works in your favor and not against you. As long as you know when and how much you can afford to spend with the card, you aren't in any danger of getting in debts.

Carta di Credito offers you free use of funds only if you pay your balance on time, it is far more convenient to be carried around than cash and it can be used to purchase many things and it will access your money very fast regardless of distance and time. Also, Carta di Credito can help you establish a good credit history, give you incentives and it will enable you to shop online and through telephone services. Furthermore, many companies offer protection for purchases making it much easier for you to claim back an item that has been stolen. The credit cards can be easily used during emergencies and you can have several cards as long as you manage all the payments.

However, Carta di Credito also presents some disadvantages such as: it costs more than other forms of credit when you don't pay on time, it will affect your credit rating in a negative manner if you are late with your payments and it will allow you to have more debt than you can afford or handle. Thus, before deciding to use Carta di Credito we advise you to consider these factors and weigh them against your needs. Handling Carta di Credito and carta di debito visa is however, a skill that can be learned with the help of budgeting.

Carta di Debito can be more efficient than credit cards due to the fact that it allows you to spend only your debito. Just like credit cards, debit cards are accepted easily by merchants, making financial transactions faster and less intrusive. Carta di Debito can also be used to obtain cash from an ATM unlike credit cards. However, debit cards also have their drawbacks: the banks charge over limit fees and even non-sufficient funds fees, many merchants don't know how to properly use your Carta Di Debito, and in some countries debit cards are not as secure as credit cards.

Carta di Debito is the best solution for people who have an organized way of managing their finances and who know exactly how and when they must spend their money. However, the main advantage of canone carta di debito is convenience and not money saving or unbelievable features. Having said these, don't forget to charge to your Carta di Credito only what you can pay off in full when you get the bill. This will save you from many unnecessary worries and unwanted stress, so don't ignore our piece of advice.