October 14, 2016
Can You Guess How Much Money You Would Save If You Used a Debit Card Instead of Your Credit Card?
Surprises are great when it comes to birthday parties and engagements, but your banking statements? Not so much.
Here's one surprise we don't feel bad spoiling: Paying with a credit card is costing you more money than when you use a debit card. The reason? It all comes back to interest.
Small purchases add up, and failing to pay a credit card balance off at the end of the month will cause interest to accrue. And if you continue to carry a balance, all of those little purchases may nearly double in size over time.
That's where your debit card steps in to save the day. Making purchases with a debit card, like the Beneficial Visa® Debit Card from Beneficial Bank helps you spend without worrying about any "surprises" down the road.
Paying with your debit card allows you to see the withdrawal from your account, soon after the transaction happens, which helps you better manage the money you have instead of spending what you might not. No more mysteries, you'll always know exactly where your money goes and when.
Even when you choose to swipe and sign instead of use your PIN the Beneficial Visa® Debit Card has you covered with purchase and fraud protection. Plus, each time you sign your name your signature will earn you points with BankThanks, Beneficial's way of rewarding your responsible spending. Add Swipe & Save to your plan and Beneficial will send you special offers based your favorite retailers. So, if you love frequenting your local deli for lunch, keep swiping your debit card and that hoagie will eventually pay for itself.
Unlike credit cards that charge interest over time, using your debit card will help keep the amount you spend on gas, hoagies or groceries (just to name a few) the same as you expect it to be.
Stop paying more than you need to. With the security of a Beneficial Bank Visa® Debit Card, it's not just about accounts. It's about accountability. See how you can get started by visiting www.TheBeneficial.com today.
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