Should You Use A Credit Card Or A Debit Card In India

A credit card allows the user to make purchases and pay for them later. On the other hand, a debit card is already loaded with money, the amount of your savings or current account. Both are useful tools in making payment for various purposes. 

A credit card comes with a certain credit limit based on the credit profile of the user. It is a wonderful tool if the user maintains a high degree of financial discipline in terms of credit usage and repayment. Cashback, reward points, discounts and other perks are good reasons why credit card is a better option. 

As a debit card is already loaded with cash, you can spend only what you already have. It is a convenient way to make payments for various purposes and safe way to carry your money.