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This was news to me - I thought all cards had similar processing fees for vendors. Do any banks or CUs offer rewards programs for debit cards?
by r00fus 7y ago
This was news to me - I thought all cards had similar processing fees for vendors.
Do any banks or CUs offer rewards programs for debit cards?
- copperx 7y ago> Do any banks or CUs offer rewards programs for debit cards? Yes, Discover, for one. But percentage is lower, because I assume the fees are lower for debit.
- Someone1234 7y agoEven if they did you shouldn't use a debit card due to how fraud is handled (compared to a credit card). This article has a good summary: https://www.nerdwallet.com/blog/credit-cards/credit-card-vs-debit-card-safer-online-purchases/ https://www.nerdwallet.com/blog/credit-cards/credit-card-vs-... In general you should minimize your debit card transactions and make them via credit card (paying off the full balance each month).
- toomuchtodo 7y agoIf your bank supports it, get an ATM only card, or disable debit transactions while keeping ATM functionality.