How to save on costs for cash on the move - Money - Debit Card VS Credit Card
DEBIT CARD Vs Credit Cards
When Wright travels, he uses a debit card from his credit union. 'The credit union uses the same conversion rate as credit cards and Visa negotiates some great rates for foreign currency buying.
'Another plus with the debit card is you are using your own money. Withdrawals come straight from your account, so there is no interest charged. Of course, you could prepay your Wizard card or another credit card too to get the same benefits.
'Otherwise, if you make a withdrawal with a credit card on the first day of your holiday and you don't get back for another 30 days, you will pay 30 days' worth of interest.
- more info/sourced : smh.com.au
Posted by Spidey at 1:00 AM
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