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"I never felt the need to get a credit card" IMO, credit cards are less damaging to you in case of misuse. If your debit card is stolen or its details are sto
by lovelearning 9y ago
"I never felt the need to get a credit card"
IMO, credit cards are less damaging to you in case of misuse.
If your debit card is stolen or its details are stolen from websites, you are at risk of losing your money directly from your bank account and recovering it may not be easy. You're at the mercy of the bank to compensate you, and most banks insist on formalities such as filing a police complaint. Good luck with that if the misuse happens from some other country.
If the same happens with a credit card, you can dispute it without actually losing any money.
- oblio 9y agoYou just tie the debit card to an account where you limit the money available. Even if they steal it, they can only use N currency.
- Symbiote 9y agoA blanket statement like that isn't very useful without giving the country. Protection for the customer varies widely around the world; I trust that the Danish system would work out fine for me. (Additionaly, if my debit card is stolen it's of limited use without my PIN.)
- a012 9y agoCredit cards fraud protection is varied country by country. I've been fucked by stolen info (just card number) and lost around $300. Disputed to my bank and in their generalize respond is "fuck you pay me". I never trust any banks anymore, I'll avoid banking at all if possible.
- gruez 9y agoWhat jurisdiction is this? Because this is definitely not the protocol in the US