Quote:
Originally Posted by JJ_BPK
I'd be careful of the debit card.
1)when it is swiped the money is moved with-in minutes. The same when using ATM's.
2)Some d-cards have ZERO(0) recovery if stolen, where-as c-cards will allow you to challenge bad charges..
Personaly, We float the all our purchases on the c-card and pay it off each month,, plus get some $ back annually, I think 3%. As we put everything on the c-card, including utilities, doctors, groceries, travel, & Medications,, it adds up.. AND Some of the bills do not show up for a couple months,, thank you... 
Personal opinion,, I know,, we all have one...
My $00.0002 |
I do the same thing - use the C-card but then pay it off immediately.
My story - Go OCONUS at a time we didn't have internet access or sat phones. I come back about 3 months later and my bank account is negative $12,000. I only found this out after trying to buy some gas on base. Declined....
My debit card number had been copied. Bank of America credited the money back but then I had to go thru all my auto bills which had been paid while I was gone. Those then were debited then I had to protest every other charge - something around 250 charges. If that was the end, no big deal, but some of the companies sent the money back to the bank (my account). Then the bank would take that money out of my account. It took about a year to figure out what I actually had in the bank - always something coming in/going out which I had no real records. I finally just got a new account.
I'm either a cash or CC user now. I got rid of the debit card.