What would be better, a debit card or a credit card for ATM withdrawls in Canada?
What are the disadvantages of using a debit card?
Cons of debit cards
- They have limited fraud protection. …
- Your spending limit depends on your checking account balance. …
- They may cause overdraft fees. …
- They don’t build your credit score.
Which debit card is best in Canada?
The best debit cards for international travel from major Canadian banks
- Scotiabank – Best debit card and student account for international travel.
- CIBC.
- Bank of Montreal (BMO)
- Royal Bank of Canada (RBC)
- TD Canada Trust.