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To: sickoflibs

” why are these needed if people can get a checking account with a debit card?”

I think for online shopping and for travel, where the risk of identity theft is high (gas stations/convenience stores/shady hotel clerks). A debit card links directly to your funds and if the pin is discovered I don’t think there’s the same protection as a credit card where you have to sign.


12 posted on 06/27/2014 10:41:25 PM PDT by blueplum
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To: blueplum; stanne; driftdiver
RE:”I think for online shopping and for travel, where the risk of identity theft is high (gas stations/convenience stores/shady hotel clerks). A debit card links directly to your funds and if the pin is discovered I don’t think there’s the same protection as a credit card where you have to sign.”

There is no doubt that a credit card is better than a debit card wrt that, heck on top of cash rewards I can contest my own purchases because I didn't get the service, and false purchases are easy to contest.

Another reason I love credit cards.

My question was comparing debit cards to prepaid cards.

17 posted on 06/27/2014 10:53:08 PM PDT by sickoflibs (King Obama : 'The debate is over. The time for talk is over. Just follow my commands you serfs""')
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