10 Places NOT to Use Your Debit Card

[Anonymous]

Decent article about the potential difficulties/liabilities consumers face when using a debit card instead of a credit card in specific situations.

(Article posted on Yahoo Finance)

"...While credit cards and debit cards may look almost identical, not all plastic is the same...  Debit cards have different protections and uses.  Sometimes they're not the best choice..."
.

[Anonymous]

out dated info today most debit card are branded with a major credit card, and when sign for a purchase you get the same consumer dispute rights, the down side it something to goes wrong I t your money that's in limbo

[Anonymous]

Hi, rbbyrbsn!

I don't agree that this info is outdated, I think it's timeless.

The fact that it is always the availability of the customer's money that's at stake when using a debit card (rather than the credit card company's money)  is kinda the point of the whole article.   

I've had items double-charged in the past on a debit card account, which almost put me into negative territory.   I caught it and straightened it out, but it took about a week before I got the cash back.  Had I written checks against that account without seeing the double-charge, they would have bounced, compounding my problems.

I've also had membership fees debited after I've properly cancelled a service.  Again, I got the money back, but I had to do without it until it was refunded. 

I no longer use my debit cards at all.  I just make sure my credit card statements are correct every month, rather than worry daily if the cash I have in the bank is still in the bank...seems easier on the nerves!