- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Do you carry a debit card?
Posted on 5/14/19 at 9:29 am to HempHead
Posted on 5/14/19 at 9:29 am to HempHead
quote:
TIL the OT is full of mastermind financiers with no bad habits that pay their credit card bills on time for those sweet, sweet rewards.
Those points merely further their slavery to consumerism. Bankers win in the end.
0
Posted on 5/14/19 at 9:29 am to Datfish
nope
Posted on 5/14/19 at 9:32 am to Datfish
quote:
I only use it for ATM's. Everything else goes on the credit card.
Same
Posted on 5/14/19 at 9:33 am to The Spleen
The only risk of a credit card is you not being mature enough to not spend more than what you have.
Posted on 5/14/19 at 9:35 am to Datfish
I dont understand the OT's need to brag about using their credick cards. If you are an adult, you have a debit card because you have a bank account. Adults also have credit cards. Congrats.
Posted on 5/14/19 at 9:46 am to The Spleen
quote:
The risk is overspending on the credit card every month and dwindling that savings account down to nothing.
Only if you’re on a limited budget and your spending outpaces your income.
Posted on 5/14/19 at 9:49 am to Mizz-SEC
quote:
Get screwed on CC the bank waives. Debit gets stolen you're SOL.
Sorry you have a shitty bank.
Posted on 5/14/19 at 10:07 am to Datfish
quote:
Do you carry a debit card?
Yes
quote:
I only use it for ATM's
I use it for purchases under ~$100. Anything over I use a credit card for the points.
Posted on 5/14/19 at 10:08 am to TheDeathValley
quote:
use it for purchases under ~$100. Anything over I use a credit card for the points.
explain this thought process
Posted on 5/14/19 at 10:09 am to Datfish
Nope
Posted on 5/14/19 at 10:10 am to Datfish
Only credit card. I have to go to the bank everyday anyway so if I need cash I'll cash a check. Debit cards are insecure AF.
Posted on 5/14/19 at 10:11 am to Mr Perfect
quote:
explain this thought process
I travel often/frequently for work and get the points from that ($5-10k a month). It is more of a pain to put nickknack purchases on my cc if it is below $100
Posted on 5/14/19 at 10:12 am to Datfish
quote:
I only use it for ATM's. Everything else goes on the credit card.
This. You don't "get" anything from using a checking card. As long as your diligent about paying off your credit card bill, you'd be crazy not to use it over the checking card.
Posted on 5/14/19 at 10:27 am to kywildcatfanone
Are debit cards trashy on here too?
Posted on 5/14/19 at 11:27 am to Datfish
quote:
Do you carry a debit card?
Yeah but I do my best to use Apple Pay
Three clicks of the home button and you're done
Posted on 5/14/19 at 11:34 am to KamaCausey_LSU
quote:
I'll never understand why people trust checks. It literally has your Bank Account Number and Routing Number printed on the front. With how easy direct deposit is these days
To be honest, I'd be totally fine with would-be criminals direct depositing to my checking account.
It would literally make my day finding an extra couple of hondos in there.
You should never use debit cards. With those they could clean out your checking account and you'd face a long uphill battle trying to recoup the fraudulent charges. The bank has no incentive to expedite anything.
With credit cards you have protection as the credit card company is out the cash not you directly and there is more in-place to protect the card holder.
This post was edited on 5/14/19 at 11:41 am
Posted on 5/14/19 at 12:07 pm to tidalmouse
quote:
Is there any reason to not have confidence in using a Debit Card for every purchase?
You are slightly better protected under the law with a CC vs a DC.
https://www.nerdwallet.com/blog/credit-cards/credit-card-vs-debit-card-safer-online-purchases/
quote:
DEBIT CARD FRAUD
According to the EFTA, your potential liability for fraudulent debit card transactions is virtually unlimited. You have up to 60 days to report a lost or stolen card under the EFTA. After that, you simply lose whatever money was taken, even funds siphoned from linked accounts. The exact liability limits under the EFTA are:
Lost or stolen card reported before unauthorized transactions: zero liability.
Lost or stolen card reported within two days: $50 liability limit.
Lost or stolen card reported within 60 days: $500 liability limit.
After 60 days: no protection.
quote:
CREDIT CARD FRAUD
Under the FCBA, your maximum liability for fraudulent credit card transactions is $50. If you report your card lost or stolen before any fraudulent transactions occur, your liability is zero. Many credit cards promise zero liability for all fraudulent transactions.
Posted on 5/14/19 at 12:14 pm to TheDeathValley
quote:
It is more of a pain to put nickknack purchases on my cc if it is below $100
How is it more of a pain? The process stays the same no matter what amount you spend.
spend money ---> earn points ---> redeem points
Posted on 5/14/19 at 1:33 pm to Datfish
quote:
How is it more of a pain? The process stays the same no matter what amount you spend.
Wrong. Debit card, swipe, done. Credit card, differentiate personal from business, pay bill, etc.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News