Money Saving Expert Martin Lewis argues credit cards can be more beneficial than debit cards when used responsibly.
Money Saving Expert Martin Lewis has challenged social norms around credit cards, explaining how they can be more beneficial than debit cards when used wisely. In his BBC podcast, Lewis emphasised his "catchphrase" that credit cards are perfect if "paid off in FULL every month". He outlined three rules that can make a credit card "more powerful" than debit, stressing that they should be used as a transactional tool rather than a debt card.
July 23, 2024
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