PFIN 5th Edition by Randall Billingsley,Lawrence Gitman,Michael Joehnk

تمرين 4

Comparing credit and debit cards. Sergio Lopes is trying to decide whether to apply for a credit card or a debit card. He has $8,500 in a savings account at the bank and spends his money frugally. What advice would you have for Sergio? Describe the benefits and drawbacks of each type of card.