Infrequent debit card users
High-yield requirement: Make as many as 15 debit card purchases a month. In addition, some high-yield, or rewards, checking accounts stipulate that transactions must be signature-based and/or reach a minimum amount per transaction.
People may avoid using a debit card because they don't have cash immediately available in their account, says Anthony Alfidi, founder and CEO of Alfidi Capital in San Francisco.
"Using a credit card lets them 'float' for a short cycle and helps them build a credit rating, which is useful for larger loans (like automobiles and mortgages) in the future," Alfidi says. "Credit card rewards like cash refunds and frequent flyer miles also make the use of credit cards preferable over debit cards."