8 ms·
In Europe they offer the same amount of protection.
by tossandthrow 2y ago
In Europe they offer the same amount of protection.
- devilbunny 2y agoMost cards in the US have a Visa or MasterCard logo, and transactions made that way have essentially the same legal protections as credit card transactions, but in the meantime, your money is not in your bank account. So other transactions may fail. With credit cards, it's the bank's money that's missing, not yours.
- deleted 2y ago[deleted]
- zhivota 2y agoEven with the same nominal protection, with credit I don't lose anything. With debit the money is missing from my account until the case is resolved. I know I prefer to only put the bank's money at risk, not my own.
- spwa4 2y agoWouldn't a credit card charge YOU interest on the disputed amount until the case is resolved?
- BugsJustFindMe 2y agoNope. Also they resolve very quickly and fraud cases generally resolve in favor of the consumer anyway.
- enlyth 2y agoI'm in Europe and still use my Amex for everything I can. It has no membership fee, I get 0.5% cashback which is free money, and one time a merchant failed to deliver an order and they gave me back my money within like 10 minutes of me raising a dispute If I had used my debit card with my normal bank it would probably take a week to resolve, and I'd be the one out of pocket in the meantime