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Frequent Contributor
nwokcguy
Posts: 351
Registered: ‎01-07-2012
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Re: My debit card gets no more love

[ Edited ]

CS800 wrote:

afbar1114 wrote:
i spend about 300-400 a month on gass cant wait for that bcp

You must drive a lot


LOL

 

I work from home 4 days/week, I might fill up once a month.  Needless to say, gas rewards won't be a deciding factor for me when choosing a rewards card. :smileyhappy:


| EQ 763 |
| Amex BCE 7500 | Marriott Rewards Premier 5500 | Citi Simplicity 4000 | Discover IT 1700 |

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jamesdwi
Posts: 1,817
Registered: ‎09-16-2011
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Re: My debit card gets no more love


afbar1114 wrote:

since i have my AMEX, chase, and other CC's i dont use my debit card unless i need cash money.. any one else have this issue?


Yes, same here, only use my debit card at my favorite grocery store, they don't take credit, only checks and cash, and I haven't written a check in about 5 years. If I need an acutal check I just ask my bank for a bank check, they are free or use eletronic funds transfers. 
Everything else is on a credit card  which I pay weekly and get rewards

 


Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Zync NPSL, Sams Club MC 10k, Paypal Extras MC 6k, CapOne QS 2.5k, QS 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
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afbar1114
Posts: 2,177
Registered: ‎01-09-2012
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Re: My debit card gets no more love

school is like 60 miles a day twice a week work is 20 miles 5x a week. then going to gfs work, mall, stores, i have a 2004 v6 4x4 ford escape

In my wallet: AMEX Gold; Freedom $1.5k; CSP $5k; Chase United $5k; Discover $2k
Last HP: 4/30
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jasimae
Posts: 311
Registered: ‎07-18-2011
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Re: My debit card gets no more love

Not sure where all of the negativity comes from towards debit cards. I use mine everyday and prefer to use it over credit cards. For me, credit cards are for emergencies or very large purchases that I want to float to pay off. Everyone goes on and on about "rewards" this and "rewards" that. Yes, its always nice to get something for nothing or something for doing nothing; but credit cards and these tinky rewards programs aren't the end all be all to me. Cash is king and always will be. My debit card will always have a place in my wallet.
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AndyK
Posts: 913
Registered: ‎06-09-2011
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Re: My debit card gets no more love

I keep my USAA debit card with me just for the rare occasions that I have to get cash from ATMs (yay for refunding ATM fees) or if some place doesn't take credit cards (rare, but there's some).  But I never, ever really use it for anything. Why would I want to expose MY money to potential fraud and excessive authorizations when I can let the credit card companies worry about it?

EQ 679 FICO (02/24/2012)
TU 721 FICO (03/10/2012)
EX 703 FICO (05/05/2012)

Cards: NFCU cashRewards $14k, NFCU Platinum $14k, USAA Amex $7k, Amazon Visa $3k, Chase Freedom $2.5k, Amex Zync NPSL, Discover More $1k, Amazon Store $1.3k, Walmart Store $700
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improvingmycredit
Posts: 1,384
Registered: ‎07-12-2011
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Re: My debit card gets no more love


AndyK wrote:

 Why would I want to expose MY money to potential fraud and excessive authorizations when I can let the credit card companies worry about it?


+1

This sentence in a nut shell is the reason why one should use charge/credit cards over debit cards.  Once someone has access to your personal funds, it's a pain in the you know what to get everything straight again.  I use my rewards cards to get rewards on top of keeping my personal bank accounts safe.  Identity Theft and electronic funds theft are the new wave of criminal activity now and in the future.  :smileysad:


Starting Score: 642
Current Score: EQ 798, EX 780, TU 787 (All FICO)
Goal Score: 800+

Cards: NFCU Flagship 50K, BCP 28.6K, Arrival+ 25K, Citi DP 22.8K, CSP 20.5K, QuickSilver 20K, TotalRewards 18K

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haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
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Re: My debit card gets no more love


improvingmycredit wrote:

AndyK wrote:

 Why would I want to expose MY money to potential fraud and excessive authorizations when I can let the credit card companies worry about it?


+1

This sentence in a nut shell is the reason why one should use charge/credit cards over debit cards.  Once someone has access to your personal funds, it's a pain in the you know what to get everything straight again.  I use my rewards cards to get rewards on top of keeping my personal bank accounts safe.  Identity Theft and electronic funds theft are the new wave of criminal activity now and in the future.  :smileysad:


+ another 1

 

If my debit card is compromised, MY money is stolen.

 

If my CC card is compromised, it's the bank's money that's stolen.

 

I'm guessing they'll work a lot harder to recover THEIR money than mine.  :smileyvery-happy:

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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corymcd88
Posts: 838
Registered: ‎12-12-2011
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Re: My debit card gets no more love


LilloEsquilo wrote:

afbar1114 wrote:

since i have my AMEX, chase, and other CC's i dont use my debit card unless i need cash money.. any one else have this issue?



Yes but that's how you should do it. Don't use your debit card because if a thief steals your account info, they can drain your bank account. Use your credit cards instead.


I don't use mine. I put my card away. I use credit cards, my debit card use to give me very bad rewards points $3 for one point so no point is using at all. BAD!! I use my BOfA Cash back and Cap One cash back.

Walmart / SYNCB - 3,300/7,500, JCP MasterCard / SYNCB - 4,000, Dillard's / SYNCB - 3,000, Amazon / SYNCB - 1,500, Chevron / SYNCB - 1,000, Belk / SYNCB - 3,000, Aeromexico Visa / US Bank - 300, Capital One - 500/1,700, Bank Of America 123 Cash Back - 2,500, Wells Fargo - 300, AMEX ZYNC - NPSL, AMEX Green Card - NPSL, AMEX Hilton HHonours - 2,000, USAA AMEX - 250, PenFed Platinum Rewards Visa Signature - 18,400, PenFed Travel Rewards AMEX - 5,000.
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Valued Contributor
improvingmycredit
Posts: 1,384
Registered: ‎07-12-2011
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Re: My debit card gets no more love


haulingthescoreup wrote:

 

I'm guessing they'll work a lot harder to recover THEIR money than mine.  :smileyvery-happy:


Ha-Ha!  Isn't this the truth! 


Starting Score: 642
Current Score: EQ 798, EX 780, TU 787 (All FICO)
Goal Score: 800+

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roughdraff
Posts: 9
Registered: ‎03-03-2011
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Re: My debit card gets no more love

There's nothing wrong with using ur own money via debit card, u can choose to pay with the now or later, choice! now is debit and later is credit, both is a blessing. And who care's about a thief, stealing, just keep two debit cards, the one u use just makesure it has a low daily spending limit and no linked overdraft, believe me the bank will stop it then.I prefer the debit card over the debt card, yes even if your rich and pay off ur balance every month debt is debt and people who filed for bankruptcy use to pay off their balances, too!


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