Which is the best credit card for you?

A credit card offers convenience and safety along with well packaged privileges and benefits. Here is an overview of various credit card types offered by banks.

Cardholders Prefer Debit as Credit-Card Use Declines

Americans are shunning their credit cards and using debit to avoid incurring more debt, according to a research report

Cardholders prefer debit as credit-card use falls

NEW YORK -- Americans are shunning their credit cards and using debit to avoid incurring more debt, said Javelin Strategy & Research.

Newsweek: Shoppers opt for debit over credit

Credit spending is on the decline as "cautious consumers" prefer to pay now as opposed to pay later, according to a new study released Wednesday. Last year, for the first time ever, the total payment volume for Visa debit cards surpassed that of credit cards. Credit card - Visa - Debit card - Credit - Payment

Recession Spurs Rise of the “Cautious Consumer” as Credit Card Usage Hits All-Time Low

SAN FRANCISCO--(BUSINESS WIRE)--According to a new Javelin Strategy & Research report issued today, the pain of the recession has produced a risk-adverse, cash-hoarding “cautious consumer” that is dropping credit cards and opting for “pay-now” payment alternatives such as cash, checks, debit, prepaid and gift cards at a higher rate than ever before. The report, “Payment Card Issuer Strategies ...