
Originally Posted by
Mustonen
Whaaaat? Please elaborate. Outside of functional protections vis a vis tying up actual account balances vs tying up lines of credit, they live under the same rules.
If you use a debit card as "credit" it technically has the same legal protections, but not the same functional ones, like I said and like you admitted. And those are hudge!
For example, someone steals my credit card numbers and charges up $1000 of stuff. What happens next? I call my card company, they investigate, but in the meantime there's no effect to me (other than the mild irritant of having them issue a new card). Same scenario with the debit card, what happens? That $1000 is GONE from your bank account, and while the bank investigates you are out that money. How can you act like that's just a small difference? That's a functional protection with credit cards that you don't get with debit cards, and reason enough to never use one.
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