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re: Anybody dealt with fraudulent activity on your debit card?

Posted on 10/21/18 at 9:46 am to
Posted by ItzMe1972
Member since Dec 2013
9824 posts
Posted on 10/21/18 at 9:46 am to
When Target and Home Depot got hacked some years back, I got slammed.

Bogus charges hit my checking account mid month. Bank emailed me about questionable charges.

Then at the end of the month, they cleared out my checking accounts. Bank gets in touch and lets me know that ALL MY BANK ACCOUNTS were being closed and that I'd have to open new ones.

Stressor....had many end of month payments coming in, as well as bank drafts for mortgage, utilities, cable, etc.

Glad they went to the chip after.
Posted by LouisianaLady
Member since Mar 2009
81225 posts
Posted on 10/21/18 at 9:50 am to
I haven’t used a debit card in years. Besides the benefit of a good rewards card, the bank can’t rectify the situation quickly enough.

My bank told me they could not freeze accounts (and that may be the case with all banks?) so my only option to stop fraudulent charges from continuing would be to basically go in and get all of my money out in person.

Credit cards all the way.
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