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Do you use a credit card? Why or why not?
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this post was submitted on 21 Aug 2023
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A debit card is not recommended for day to day. If it gets picked up by a skimmer or otherwise used in a fraudulent manner, your bank account gets debited until the investigation is done.
This can take months and can involve large sums of money.
With a credit card, no money leaves your bank account during the investigation.
I'm glad that your one single experience trumps the experience of hundreds of thousands of other people who've gotten in a jam with a debit card. Good for you.
I didn't miss that part. I was responding to your main point about "propaganda from the credit card companies". If it's not propaganda and you got your money back almost instantly... then why are you still jumping through hoops to protect your money? 🤔
In Europe there is a Card Stop number you can use to block your card as soon as you noticed it's stolen.
From the rest of the thread, it seems that US laws protect credit cards better than debit.