I don’t use it except at my bank for withdrawals and for travel to reserve or pay for tickets/cars/hotels. So I don’t get “Hit By Fraud”, and my wife had it happen once, we filled out a form and it stopped and the money went right back. Debit cards have protections, and again I USE CASH so I am NOT A SLAVE TO DEBT.
It sure seems a lot of folks here on FR are LOVING their CREDIT CARDS.
I say KEEP YOURS if you love it so much. They are GREAT, you are right. CREDIT IS AWESOME. /sarc
I agree with you in principle. I use my credit card for everything. But I pay my balance online every few days using electronic transfers this forces me to review transactions daily and ensure EVERY transaction is exactly right any unaproved transaction would be caught the day it is posted to my account. Having said that there is a delay of a few days between the available credit reduction and the corresponding transactions posted so a sudden unexpected reduction in available credit will also trigger a flag for me. In the recent fraudulent charge on my discover card I was called about a suspicious transaction from an automated system immediately after the transaction was processed because one of the card swipes was obviously fake because the same card was swipped in 2 different states about the same time.