Debit card? 10pts?

what's are the advantage and disavantage of debit card? why debit card is more good than credit carD?

I encourage people to use debit cards because you can only spend what is in your account. Since the debit card is linked to a checking account, whatever money is in the account is what you can spend. Typically credit cards will let you spend over the limit, but then charge an overlimit fee (in addition to possibly hiking the interest rate up).

Also, I NEVER recommend people use a credit card (or any other type of borrowing) for emergencies. What I do recommend is people have an emergency fund of their own money that will cover AT LEAST 3-6 months of living expenses. That way when an emergency does come up, you can use your own money to pay it off immediately and not worry about having to pay back any minimum payments to credit cards or loan (where interest will apply).

Debit cards are BETTER (not "more good") than credit cards to some people because you can't spend what you don't have. If you overcharge the card, you get a fee and then you can't use it until you've paid that bit off. The bad thing is that they don't offer as much leeway for emergencies as credit cards do.

More good?

I suppose that there could be an endless debate over which of these two items is the better product.

A credit card is a valuable tool if used sensibly. I love having the added protection when I purchase an item using credit.
If, for example, I make a purchase on ebay, using my credit card and the item that I purchased does not arrive, I can report this information to my credit card company and they can reverse the charges and I will not owe anything. If I were to make the same purchase using my debit card, I have to hope that ebay can get the seller to send me the item or refund it and there is a chance that they will not do that. SO the added protection is one that I enjoy.

I also enjoy using my credit card if I must rent a car. Since some credit card companies HOLD a certain amount of money on the card until they get paid/car is returned, I can still enjoy my cash...IF I use a debit card to rent that same car, The rental company might HOLD $300.00 bucks so this effectively reduces my available balance by that amount. Even if this money is in my account and I intend to pay cash for the car when I return it, I still cannot use the amount that is on HOLD and therefore have less cash available.

Also while using my credit card to rent a car, I dont have to worry about paying the extra expenses of car insurance on the rental car since my credit card offers secondary insurance making the loss damage waiver unneeded.

However, if you use a debit card you have little chance of going into debt since your debit card in most cases will only allow you to use the money that you already have in the bank. If you use a credit card you are essentially getting a loan from the bank. If you dont pay the loan off within thirty days you will be charged interest on the amount that you borrowed.

Debit cards are better because you are not borrowing money as is the case with a credit card.