Debit cards are often viewed as a replacement for credit cards, as they look very similar and both are used in the same ways. Although there are a limited number of ways in which debit cards can replace credit cards, there are a number of areas where credit cards can be of more use.
Debit cards are good for people who don’t like carrying so much cash. They can be more convenient and safer, and they can also allow cash holdings to earn interest. However, it may not be possible to be completely cash free.
One of the great advantages of debit cards is that they can be used for foreign currency transactions. This can also carry some dangers, in that it can attract some unexpected charges, and if there is a lot of spending on a debit card in a foreign currency then it may be a good idea [...]
Offset accounts are savings accounts that are attached to a mortgage account, and they reduce mortgage interest. A growing number of them have debit cards.
Debit cards are often seen as an alternative to credit cards. This is partially true, but there are some things that credit cards do that debit cards do not.