10 cents per transaction because most of my purchases are over $10. But that is kind of crappy. My debit card from my credit union is no fees of any kind.
It really comes down to personal choice. I prefer to use a Credit card as I am, in effect, using someone else’s money to buy, getting an interest free loan for up to 60 days, and getting cash back, but only if I pay it off in full. Otherwise it is a very expensive way to shop.
You could manipulate your purchases to make either of those work to your advantage. Cash back would be best if you used card for all purchases and paid off in full EVERY time. 10 cents back per transaction, you would need to spend only small amounts each time, but very often.
Question is, Is the benefit worth the hassle?
I would always go for the cashback – and I do!
J-Dub's Grin and Bear It 
10 cents per transaction because most of my purchases are over $10. But that is kind of crappy. My debit card from my credit union is no fees of any kind.
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It really comes down to personal choice. I prefer to use a Credit card as I am, in effect, using someone else’s money to buy, getting an interest free loan for up to 60 days, and getting cash back, but only if I pay it off in full. Otherwise it is a very expensive way to shop.
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Thanks for sharing. Very helpful.
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You could manipulate your purchases to make either of those work to your advantage. Cash back would be best if you used card for all purchases and paid off in full EVERY time. 10 cents back per transaction, you would need to spend only small amounts each time, but very often.
Question is, Is the benefit worth the hassle?
I would always go for the cashback – and I do!
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neither is a hassle really. Is this too simplistic to figure if 1% of the purchase is more than a dime and use accordingly??
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I’m baffled by the question. Would I rather pay every time I use my card or get cash back?
I’ll take the cash back… Even if it’s minuscule
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We get paid to use debit versus being charged. I too am baffled. 🙂
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Right. No contest there.
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Depends on how much you use your card and what you use it for I would think.
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Yes and I am too lazy to do the math. I need simple and someone to tell me. LOL
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