My only complaint is that the physical card is thicker them the usual plastic card and one time in Italy. the card would not fit in the ATM slot of the most common ATMs I found in Rome. I had to use another card. But it's very rare I ever use the physical card everyone can accept payments directly from the iPhone.
Are we talking about the same thing, an ATM? (Eg. A machine you take cash out of?) Why were you wanting to use an Apple Card to do that, taking cash out from a credit card is usually a no-no (the most expensive, cash interest rate starts getting charged right away with no grace period, etc.), and really should only be for absolute emergencies… Or did you mean, just like one of the credit card terminal machines that you insert your card into to pay for?
I have yet to find a debit card that gives you back even 1% of what you spend or give you airline miles or will allow you to chargeback a transaction of the product you bought is faulty. A possible problem with credit is if you don't pay it all off at the end of the month. Then you pay a very high interest rate. But yo can fix that by setting up autopsy. With autopsy the credit card is more like a debit card because the exact amount charged is removed from your account and no more.
Yes agreed. While I know some people who only use a debit card to “feel the pain” of essentially having the cash leave their checking account upon every purchase, and to keep from overspending…. in general, credit cards are much better to use.
- Rewards (can easily get 3%+ back, and often much more for certain spend / certain uses)
- Consumer protections are much stronger with a credit card than a debit card. For any disputes / problems, you’re not “out the cash” like you would be if using a debit card and fighting to get your money back. You just dispute the charge with the credit card company, and you don’t have to pay that charge while it’s under dispute / onus is on the merchant to prove it was legitimate. WAY more safe for the customer.
- Build and maintain a high credit score, so when you need to take out mortgages, auto loans, lines of credit, etc. you can get the best rate
- Other ancillary benefits and insurances (Eg. Travel cancellation / delay insurance, baggage delay insurance, car rental insurance, extra warranty on electronics, theft insurance, etc.)
Assuming you always pay the balance in full (which really should be table stakes if you’re using a credit card), the only real negative is the human tendency to spend more when you use credit, vs debit, and even debit vs straight cash. It’s true and it’s a subjective and individual thing. But I think if you have good financial budgeting and expense tracking, you can keep this tendency in check, and enjoy all the other benefits that using credit cards in a responsible way will get you.
