Quote:
Originally Posted by justatroll
At least for my bank account it is considered a debit card if it is only good for up to the balance on that account (checking #1)
My other accounts (checking #2, #3, etc) have credit cards attached and will automatically extend a line of credit if you overdraft (overdraft protection)
With the checking #1 card the only money that it is possible to steal is whatever measly amount I have in the account.
With the other accounts, they could withdraw thousands even if the account was empty.
Of course I dont need to worry about it either way because they are all protected. Even the "Debit card" is issued by MasterCard.
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What they're trying to say is that if you have a credit card with fraud protection, they won't get any money. The charges will be cancelled, and you won't be liable for anything. That and you don't need to worry about maintaining a separate account for online purchases. Just use a CC with fraud protection on it. That doesn't mean you shouldn't be smart about where you enter payment information, though.