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Retailers get charged about 20 cents per 100$ for debit transactions and $1.48 per 100$ for credit. If you say credit with your debit card you are giving your
by dougp 18y ago
Retailers get charged about 20 cents per 100$ for debit transactions and $1.48 per 100$ for credit. If you say credit with your debit card you are giving your bank that larger cut and getting none of the protections associated with a credit card. Except you probably don't have to enter your pin number which may be important to you.
http://redtape.msnbc.com/2007/09/paper-or-plasti.html http://redtape.msnbc.com/2007/09/paper-or-plasti.html
- dehowell 18y agoMany retailers tack an extra $1 charge when you use a bank card as a debit card... so I always run it as credit.