DOES A REGULAR CREDIT CARD MAKE MORE SENSE THAN A GOCARD DEBIT ACCOUNT?
No, for students at GU, the GOCard Debit Account has two major advantages over credit cards. First, GOCard Debit Dollars are designed for the realities of campus life. Your Debit Dollars can be used for small purchases; a coke or cup of coffee, a toothbrush or a bar of soap. They also work perfectly for larger purchases; a semester’s worth of textbooks and supplies. Your GOCard Debit Account eliminates your need to carry cash for a day-to-day purchases. In fact, many devices around campus will not accept cash.
Second, GOCard Debit Dollars work on a debit not a credit system. This makes financial responsibility easier. There is a real spending limit on the amount of funds deposited. Cardholders are given their balance each time they make a purchase, so they are aware of the remaining balance. With a GOCard Debit Account, parents and students can be comfortable that their needs such as textbooks, food and daily necessities are provided for.