why debit cards do not enjoy the same protections against theft and fraud as credit cards?

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Those protections are the main reason it’s recommend to use credit cards instead.

But it doesn’t make sense to me, why would I borrow money (credit) if I had it (debit)?

My guess is that banks deliberately do this so people can accidentally spend more money than they have and companies start charging interest.

In: Economics

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Anonymous 0 Comments

My bank gave me my money back with a fraudulent debit purchase. But I was out the few hundred till it got straightened away

I’ll never use it online again. Especially not Amazon

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