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i have just got a visa debit card
do you think it is a good idea?
i hate credit cards...
Hi Kymmy,
Both my husband and I both have Visa debit cards and they are fantastic!:thumbsup: I've had mine for about 6 years and I'd never have an actual credit card again.
We can never spend more money than we actually have this way and there's no monthly bill to worry about either. But being a Visa card you have the advantages of being able to purchase things over the phone or on the internet.
Oscar's mum
04-05-2006, 14:44
I have a Visa Debit card and think they are fantastic too!:thumbsup:
yep they are GREAT!
also means you can buy off the internet or over the phone without actually using "credit" iykwim?
'Lil Mumma
04-05-2006, 15:02
I have had my Visa Debit Card for a few years I have never needed a credit card. I love it! It is great cause I dont have to carry cash around (I would just spend it if I did) and you dont get eftpos fees :thumbsup: I dont like giving the banks unnecessary money
i know what you mean
i will have to activate that card AsAp
Oh yeah Allie, I forgot about that other advantage of using the option button on eftpos machine for credit and signing for it and avoiding transaction fees.
Ana Gram
04-05-2006, 15:19
yep I am on the visa debit card band wagon! Much easier to only spend the money you have and beign able to buy online too.
Mummy-2-2
04-05-2006, 15:23
Thankyou
Thankyou Debit card, you let me buy online
Thankyou Debit card, you dont let me get into debt.
Thankyou Debit card, you dont charge me fees
Thankyou Debit card, for protecting me from the evils of your nemesis, the credit card
Thankyou Debit card, for coming in pretty colours
Thankyou Debit card, for not making me feel guilty when I use you
and finally......
Thankyou Debit card for not making me pay you back.
Sorry, strange mood today:D
i hate credit cards...
That's the point - it's NOT a credit card. You use your own money, ie your account has to be in DEBIT for it to work. A CREDIT card is when you spend the banks money and then pay it back with interest.
It's a great idea - no interest payments, but the freedom to shop wherever Visa is accepted.
clarebear1983
08-09-2006, 16:39
That's the point - it's NOT a credit card. You use your own money, ie your account has to be in DEBIT for it to work. A CREDIT card is when you spend the banks money and then pay it back with interest.
It's a great idea - no interest payments, but the freedom to shop wherever Visa is accepted.
How do you get a Visa Debit Card (my university recommended i get one because I hate credit cards and a lot of payment options for online things accept Visa)???????????????????
Mum&bubs
08-09-2006, 16:40
Yep I think its a great idea! Im in the process of activating mine. Its good you can buy things off the net & not let yourself get in debt!
clarebear1983
08-09-2006, 16:48
I just got told by someone that commonwealth bank doesnt offer debit cards and thats who im with. Maybe i should consider changing banks :P
Pobblebonk
08-09-2006, 17:56
Hello! I've had my Visa Debit card for nearly two years now and I think they are brilliant!
I've NEVER had a credit card because I can't stand the thought of paying that much interest!
Suncorp does them, but you have to have an account with them for at least six months before they'll give you one. ANZ has a Visa Debit Account and there's no waiting period and you can get different coloured cards - I have a pink one!
clarebear1983
08-09-2006, 18:00
Hello! I've had my Visa Debit card for nearly two years now and I think they are brilliant!
I've NEVER had a credit card because I can't stand the thought of paying that much interest!
Suncorp does them, but you have to have an account with them for at least six months before they'll give you one. ANZ has a Visa Debit Account and there's no waiting period and you can get different coloured cards - I have a pink one!
What are ANZ like as a bank? I have always been with commonwealth bank........are their fees good etc?
~EmsMum~
08-09-2006, 18:19
yep they are GREAT!
also means you can buy off the internet or over the phone without actually using "credit" iykwim?
yep
its a fantastic idea :yes:
Little_Toad
08-09-2006, 18:19
When you buy something on credit card, you usually end up paying 1 and a half times the actual cost of the item.
Plus.. if you have a debit card you REALLY think twice about wether you need the item or not cause it is YOUR money you are spending and not the banks.
makes a big difference.
if you can't afford to top up a debit card with $1000, then you can't afford to have a credit card.
*Sparkles*
08-09-2006, 18:34
What are ANZ like as a bank? I have always been with commonwealth bank........are their fees good etc?
I was with NAB for years and changed to ANZ last year, we changed everything eg homeloan, bank accounts, business account and creditcards. They are great, the fees are not too bad but their customer service excels :thumbsup:
clarebear1983
08-09-2006, 18:40
I was with NAB for years and changed to ANZ last year, we changed everything eg homeloan, bank accounts, business account and creditcards. They are great, the fees are not too bad but their customer service excels :thumbsup:
Does anyone know what happens if you have a personal loan with one bank (eg Commonwealth) and then you want to switch to another bank? How do you go about making the repayments etc?
For serveral reasons i am getting sick of commonwealth.....not just cos they dont offer debit cards
. You use your own money, ie your account has to be in DEBIT for it to work. .
your account must be in credit not debit, it will get rejected otherwise.
......this is what you meant:p
BlessedWithBlue
11-09-2006, 20:24
I love my Debit card!! I have a regular credit card but am in the process of paying it off at the moment then i will be cancelling it and just leaving my Debit card!! I am with SLCU and i haven't had any problems in the 4 years i have had it:thumbsup:
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