5 ms·

I use a prepaid card online, which would have been a good safety net against things like this Also he was able to get a refund, and i think in most places onli

I use a prepaid card online, which would have been a good safety net against things like this Also he was able to get a refund, and i think in most places online, you can cancel the order

cortesoft 6y ago
You don't get cash back bonuses with a pre-paid card. In fact, they cost money. I am not going to give up saving 3% on everything I buy just to avoid this rare error that was easily corrected for no lost money.
- r00fus 6y ago
  Where are you getting 3% back on all transactions?
  - throwanem 6y ago
    Presumably on a credit card, which would also have more robust chargeback rights than debit cards typically do. Between that and the likely relatively high value of a customer qualifying for 3% cash back on every transaction, I doubt it'd be more than a minor inconvenience to have the transaction reversed, even if the acquirer declined to refund it - which didn't happen here, in any case.
  - cortesoft 6y ago
    Citi double rewards card
    - boring_twenties 6y ago
      Citi lets you create virtual numbers with custom dollar amount limits and/or expiration dates: https://www.cardbenefits.citi.com/Products/Virtual-Account-Numbers https://www.cardbenefits.citi.com/Products/Virtual-Account-N...
    - r00fus 6y ago
      I hate to be pedantic, but Citi gives 2% IIRC, not 3%.
      - cortesoft 6y ago
        Might be a limited time rate, but mine is 1.5 at purchase and 1.5 at payoff.
logbiscuitswave 6y ago
My bank set up a free sub-account with its own debit card that I use exclusively for online transactions. I keep a small amount of cash in it at any time, and then do an instant transfer from my main account as needed for larger purchases. If that CC# were to get hacked, it would be annoying but not catastrophic. Inconvenience level is pretty minimal and it’s served me pretty well.
mindslight 6y ago
You can get a "refund" everywhere, because it's an unauthorized transaction. If the merchant will not refund, you simply call up the card company and explain how you agreed to a charge of $10 and were subsequently charged $2,000. The only reason the article was phrased as "costing" the author money is for clickbait.

I use a prepaid card online, which would have been a good safety net against things like this Also he was able to get a refund, and i think in most places online, you can cancel the order

cortesoft 6y ago

You don't get cash back bonuses with a pre-paid card. In fact, they cost money. I am not going to give up saving 3% on everything I buy just to avoid this rare error that was easily corrected for no lost money.

r00fus 6y ago
Where are you getting 3% back on all transactions?
- throwanem 6y ago
  Presumably on a credit card, which would also have more robust chargeback rights than debit cards typically do. Between that and the likely relatively high value of a customer qualifying for 3% cash back on every transaction, I doubt it'd be more than a minor inconvenience to have the transaction reversed, even if the acquirer declined to refund it - which didn't happen here, in any case.
- cortesoft 6y ago
  Citi double rewards card
  - boring_twenties 6y ago
    Citi lets you create virtual numbers with custom dollar amount limits and/or expiration dates: https://www.cardbenefits.citi.com/Products/Virtual-Account-Numbers https://www.cardbenefits.citi.com/Products/Virtual-Account-N...
  - r00fus 6y ago
    I hate to be pedantic, but Citi gives 2% IIRC, not 3%.
    - cortesoft 6y ago
      Might be a limited time rate, but mine is 1.5 at purchase and 1.5 at payoff.

logbiscuitswave 6y ago

My bank set up a free sub-account with its own debit card that I use exclusively for online transactions. I keep a small amount of cash in it at any time, and then do an instant transfer from my main account as needed for larger purchases. If that CC# were to get hacked, it would be annoying but not catastrophic. Inconvenience level is pretty minimal and it’s served me pretty well.

mindslight 6y ago

You can get a "refund" everywhere, because it's an unauthorized transaction. If the merchant will not refund, you simply call up the card company and explain how you agreed to a charge of $10 and were subsequently charged $2,000. The only reason the article was phrased as "costing" the author money is for clickbait.