23% of millennials don't use credit cards, and they're missing out - Business Insider

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23% of millennials don't use credit cards, and they're missing out - Business Insider
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About a quarter of millennials still use their debit cards for their daily purchases — and that leaves lots of rewards on the table

Cash-back cards can help you get free cash that you wouldn't get through making purchases on a debit card. Unlike airline miles, these rewards can be used for pretty much anything, including knocking down your bill. I can't see the value in ever using a debit card after having my airline credit card for just over a year and a half, and using a cash-back card occasionally as well.

Credit cards can be a tool for building credit and harnessing rewards when used responsibly, and debit cards can't rival that.

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