Friday, August 25, 2017

Turn Your Credit Card Into A Debit Card With Debitize

MoneyTips

Like many people, do you need a credit card but struggle with the temptation to overspend? The convenience of being able to spend money that you don't currently have is just too great.

Debit cards are a suitable alternative, but they have significant drawbacks – you can't handle emergency expenses that go beyond the funds you have in the bank; you can't use your payment record to build a good credit score; and, you miss out on lucrative rewards programs offered by credit card companies.

Debitize is a new app that attempts to bridge the gap between credit and debit cards by allowing your credit card to function like a debit card from your perspective. All you need is a bank account and a credit card that can be linked to the Debitize app. Most major credit cards work with the app, although there are still a few exceptions.

Debitize effectively acts as your middleman, monitoring your credit card purchases and withdrawing funds from your checking account t...



from MoneyTips https://www.moneytips.com/turn-your-credit-card-into-a-debit-card-with-debitize

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