I just read a thread where the comments heavily suggested OP use a credit card when they travel again so that it would be easier to dispute a fraudulent charge. What makes a dispute through your bank less successful?
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Here’s a better real answer, instead of “bankz evilz”
Money transferred from bank accounts is final. This is a good thing. You wouldn’t want a bank “reversing a transaction” after you have accepted payment into your account.
Credit cards are in the business of facilitating transactions. Having confidence in the system is the reason that disputes work. The credit cards do take losses – but that is part of their business model. There is a reason there is a 5% up-charge to the credit card companies. They take the risks and make it work.
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