5 ms·

You can pay bills with credit cards?

by jsumrall 12y ago

xj9 12y ago
Bank charges are also reversible.
- MichaelApproved 12y ago
  I don't use a debit card much but I heard that you don't get as many consumer protects with debit cards as you do with credit cards. If you're going to pay bills, for many reasons, use a credit card instead of debit cards.
  - deleted 12y ago
    [deleted]
  - madaxe_again 12y ago
    You have virtually NO consumer protection with a debit card. Once the money is gone, it is gone. This is why merchant acquirers charge a flat rate of a few pence for debit card transactions, and an extortionate percentage for credit card transactions - chargeback risk. Cannae do with a debit card without bumping into Dante and his buddy in their digs first.
    - MichaelApproved 12y ago
      > a few pence Is that the case in England? In the States, there are many debit card protections, they're just not as extensive as credit card protections.
      - Nursie 12y ago
        There are some protections in the UK for debit card use, but less than for credit card. Credit Card use has more legal protections because it is an instrument of debt, and the CC provider is legally a party to the debt, which comes with a whole bunch of responsibilities. Debit cards are protected by some legal stuff and the banking code. In this case debt is good :)
    - cookiecaper 12y ago
      > You have virtually NO consumer protection with a debit card. Once the money is gone, it is gone. Only if it's a card-present debit transaction (i.e., you entered a PIN). If you use your debit card and don't enter a PIN, it's automatically run as a credit card, and you have the same protections.
gk1 12y ago
For many cases, yes. (At least in the US.) It's an easy way of earning points if you have a reward card.
RobAley 12y ago
Here in the UK most large (and many small) organisations let you pay bills (one off or recurring) by credit card, debit card, direct debit, bank transfer (and occasionally cheque in the post). Some will charge a small fee for credit cards, but most won't.

You can pay bills with credit cards?

xj9 12y ago

Bank charges are also reversible.

MichaelApproved 12y ago
I don't use a debit card much but I heard that you don't get as many consumer protects with debit cards as you do with credit cards. If you're going to pay bills, for many reasons, use a credit card instead of debit cards.
- deleted 12y ago
  [deleted]
- madaxe_again 12y ago
  You have virtually NO consumer protection with a debit card. Once the money is gone, it is gone. This is why merchant acquirers charge a flat rate of a few pence for debit card transactions, and an extortionate percentage for credit card transactions - chargeback risk. Cannae do with a debit card without bumping into Dante and his buddy in their digs first.
  - MichaelApproved 12y ago
    > a few pence Is that the case in England? In the States, there are many debit card protections, they're just not as extensive as credit card protections.
    - Nursie 12y ago
      There are some protections in the UK for debit card use, but less than for credit card. Credit Card use has more legal protections because it is an instrument of debt, and the CC provider is legally a party to the debt, which comes with a whole bunch of responsibilities. Debit cards are protected by some legal stuff and the banking code. In this case debt is good :)
  - cookiecaper 12y ago
    > You have virtually NO consumer protection with a debit card. Once the money is gone, it is gone. Only if it's a card-present debit transaction (i.e., you entered a PIN). If you use your debit card and don't enter a PIN, it's automatically run as a credit card, and you have the same protections.

gk1 12y ago

For many cases, yes. (At least in the US.) It's an easy way of earning points if you have a reward card.

RobAley 12y ago

Here in the UK most large (and many small) organisations let you pay bills (one off or recurring) by credit card, debit card, direct debit, bank transfer (and occasionally cheque in the post). Some will charge a small fee for credit cards, but most won't.