Alternatives to Credit Cards: Exploring Other Payment Methods Credit cards are one of the most common tools for making purchases, but they are not the only option available to consumers. While credit cards provide convenience and rewards, they also come with risks such as high interest rates and debt accumulation. For people who want to manage their spending, avoid debt, or simply explore new ways to pay, several alternatives are available. In this article, we’ll look at popular options like debit cards, prepaid cards, mobile payments, electronic transfers, and cash. Each of these methods has its own benefits and drawbacks, and choosing the right one depends on your personal needs and lifestyle. --- Debit Cards Debit cards are among the most widely used alternatives to credit cards. Unlike a credit card, a debit card is directly linked to your checking or savings account. Whenever you use it, the purchase amount is immediately deducted from your account balance. One of the bigges...