Regarding 'low-voltage' versus 'High-voltage' switches – when considering voltage only from a safety perspective you can use Hi-Volt switches on lo-volt applications, but vide-versa requires that the switch working voltage be good enough for the requirement – all obvious I suppose.
But what is not obvious is switch current rating interchangeability. Generally it is NOT advisable to use a high current ( 10A or more, and sometimes even a 5A) switch in lo-current, signal applications, without knowing the mechanical makeup of the contacts.
Many GOOD signal switch specs will give the MINIMUM switched current required. This is to ensure that the contacts remain 'clean' and within contact resistance specs. Most lo-current signal switches have wiping contacts, or at the very least, a firm spring snap contact action. This helps to keep the contact clean and break through any tarnish or oxidation layer.
Hi current switches used correctly have a degree of arcing at the contact which clears the surface of debris, oxidation, etc. Signal switches have not such luxury and rely on the wiping action.
Few, if any, low cost switches used for signal application are hermetically sealed and the contacts may be silver plated only, as that is the cheapest way to reach a contact resistance spec. That silver coating will oxidise and become non-conductive after a while. If you are really cheap, your switch only has brass contacts, which will tarnish as badly. Likewise, the volatiles in the molded plastic housing leach out and coat the contacts with an oily film.
If ignored, some months, years later, the switch appears intermittent .
A cheap switch is just that..
Spending a few bob less on crummy switches just postpones the expense.
If you have problems with intermittent switches, NEVER use silicon spray on signal switch contacts! NEVER!
NEVER Q20 either.
Only use WD40 if you have a really wet, corrosive environment, but even then…WD40, leaves a thin oil residue which attracts guff.
Use a NON-OILY spray – some carburettor cleaner sprays are good, but they may not be kind on the switch plastics.
Joe