Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
As long as you're responsible, there's really no benefit in using debit over credit. Pay the bill off every month, pay no interest, and earn rewards/cashback, get extended warranties, better...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
More to the original post's topic, who's keeping $85k in their checking account? Long string of poor financial decisions.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
The whole "cash discount" thing was to get around the Visa/MC restrictions on having a higher cost for credit card usage on transactions. Technically, selling something for $X, but then offering...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Really? You never noticed when you swipe your card where the screen asks "Debit or Credit?". There's a reason why there's a keypad on the pump, and it's not just to enter you zip code (that feature...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
That's the beauty of the free market. If you don't like it (whatever "it" is), you don't have to shop there. If there are enough people like you who walk, the business responds or loses out.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
A few points:
1) True, during normal business hours, gas stations will have employees staffed. But what about 3AM? Some keep the pumps open (for credit cards) even when the inside store is closed....
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
If you are so adamant on using a debit card linked to a checking account (despite the numerous options out there even if you have bad credit), then have the common sense to check your online...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
I get notifications from my credit union every time something is deposited or withdrawn to my email so I just keep tabs on my email. Love my CU.
All my credit cards are also set to send me a...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
I've never seen a gas station charge more then maybe $0.05/gallon more for credit vs cash (and maybe debit). Since the cost of a gallon of gas is ~$3.50, that equates to a 1.4% cost to the customer....
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
"Crockett charged about $30 in gas...to his Citibank debit card..."I stopped here because they had the cheapest gas at the time," Crockett told the station. But that's not what his bank statement...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
When used as credit, debit cards offer the same protection as regular credit cards. Even if used debit, if you notify the bank within 2 business days of the bogus charge, you're offered the same...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
You have more protection if you pay your bills via online bill pay. I do, however, agree with you on the writing checks issue.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
I also try to avoid those stations. A month or so ago, we had a handful of stations (probably all the same owner) that had a VERY large discrepancy between cash and credit. Technically, they are...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Paypal then? Or just shred it and never use it?
With an ATM card they would need to know the number and your PIN. It's not a VISA/Mastercard number either so they wouldn't really know it.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
If a gas stations charges extra for credit card use (which is normally ~$0.05/gallon more, not a straight percentage), you would usually see this on the pump itself on the pricing screens over each...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
They don't want a card that associate to their account period. So they wouldn't want ATM card either. Which I have no idea why not, it's not like people know your pin #.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
mine does - ask them to add it or take it off if you want (I asked chase to take it off of my debit card and they did it with no problems)
also, at the pump, if you pay by cash, you need to go in,...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
I am saying extra 5+% for using credit......I never seen it using it on the pump machine.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Never heard of that...Do you go inside to pay?
I don't see how they can do that if you pay outside.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
I've always wondered who the hell would use a debit card over credit - with credit, you have a buffer between charges and payments, sometimes as much as 2 months by default. Why give someone...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
I still make Wells Fargo give me an ATM only card!
They try to send me fake-Visa...but finally it sunk in after giving them enough earfulls.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Please put away the checkbook and join us in the 21st century. :)
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
......
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
So I assume you don't use 'bill pay' type services? How do you think that works half the time, if the receiver doesn't have electronic transfer support with your bank? They mail them a check. And...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
ATM Card then?
Granted, unless your bank doesn't offer it. Chase used to issue ATM-only cards. I think they still do. I would always get a "Do you want the free upgrade to the Visa card?" look if...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
True, but the other poster said "debit card", which includes non-visa/mc branded cards as well.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
it's very good advise. thanks!
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Also, if you do have to use a debit card, for gods sake run it as a Visa/MC and not as a debit. You have significantly higher risk and headache if your pin gets compromised, and ZERO benefit to you...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
When used as credit, debit cards offer the same protection as regular credit cards. Even if used debit, if you notify the bank within 2 business days of the bogus charge, you're offered the same...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
A debit card whether it is charged as a "credit transaction" or a "debit/pin transaction" does not change that fact that it is still a DEBIT CARD linked and funded by your personal funds. DEBIT CARDS...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
You've gone way off track here. I simply commented on you writing checks. ;) And no, I don't use 'bill pay' type services. I pay all of my service providers directly.
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
What.... with cash?
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Perhaps because many gas stations will accept a debit card as being equivalent to a cash payment and will not charge an added fee like they do with credit cards (depending on the station, the...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Because it's safe you dummy. :lmao:;)
People have asked me the same thing before: 'why don't you just use your debt card"
And my answer is always: a) i don't have one and b) why would I when I...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
or very rich people who want to buy a Ferrari using their debit card
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Speaking of checking accounts and security, debit cards are nothing compared to the gross vulnerability with checks! People often overlook them, but I am much more concerned about someone seeing one...
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
I never use my debit cards and I still do that :bounce:
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
NO no no, debit cards do not offer the same legal protection that credit cards do. I have never had a debit card and never will, why would i want a card hooked up to my bank account?
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
To get cash out of an ATM machine? Or to make deposits through an ATM machine? Or to use an ATM machine?
Never use debit cards!
Expired
Thread created 07-14-2012 by Nollywood
0 Score
42 Replies
4,189 Views
Recently, a Tennessee resident was charged more than $85,000 to his DEBIT CARD which was linked to his checking account. He used his debit card to buy some gas and when he got his bank statement he...
Page 1 of
2
1
2
