3 ms·
I don't think you're familiar with how debit cards work across the planet if you think that "just losing it" is somehow a problem, or that debit cards don't com
by TheRealPomax 3y ago
I don't think you're familiar with how debit cards work across the planet if you think that "just losing it" is somehow a problem, or that debit cards don't come with buyer protection?
If you lose your card, you report it lost with a quick phonecall to your bank's dedicated security number, and that card is now dead. If someone tries to use it before you report your card, you get to dispute those charges, and if they try to use it after the card got blocked, nothing happens. Which is why you always report lost cards immediately, because you'll have a new one in at most a few days, and until then you can use online banking just fine, let that be a lesson to you to not lose your cards again. It's an important lesson.
Telling people that debit cards should be avoided is a bit like telling people that "busses should be avoided" just because where you live, bus service is terrible.
- paulpauper 3y agocredit card has much longer dispute window and higher odds of refund. merchant can delay shipment knowing that if you use debit that you cannot dispute. it happens a lot.
- TheRealPomax 3y agoAgain: strongly depends on where you live, and what businesses are legally required to do? If you live in a world where people pay for everything by credit card and banks are hyper-for-profit institutions, like the US, then it might blow your mind to learn that that large parts of the world never allowed credit card companies to replace banks, with banks actually offering services that people want need banks to offer, rather than having to rely on visa or mastercard.