From TD Bank Survey of 1,500 consumers with checking accounts:

Good conversation starters:

• What is your preferred method of payment?  Why?
• Why do you think debit cards and cash are favored over credit cards?
• From a security perspective, what is difference between credit cards and debit cards?
• Which product will help you build a credit history?  Credit or debit?

This series of articles on Consumer Affairs website provides pros and cons of credit and debit cards.

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.