According to the TSYS & Mercator Advisory Group Debit Survey 2011, Debit is now the preferred payment type in most point-of-sale locations, beating cash, credit cards and checks system.
But that doesn't mean you should use debit cards all the time and all the place. In fact, there are some places and times that using a debit card is actually a lousy proposition.
These five Places Never to Use Your Debit Card or Credit Card.
- Rental or security deposits!
- Restaurants and bars!
- Regular payments!
- Wi-Fi hot spots!
- Any retail outlet where you choose the "credit" option!
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