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Califbill Califbill is offline
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First recorded activity by BoatBanter: Oct 2012
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Default Be careful, with your debit card

Boating All Out wrote:
In article ,
says...

On 12/18/2014 5:13 PM, Boating All Out wrote:
In article ,
says...

On Thu, 18 Dec 2014 13:29:11 -0800 (PST), True North
wrote:

D'oh!
Got a phone message from my bank this morning advising that there nay
have been fraudulent activity on my card.
Fired up the BlackBerry and sure enough there was a charge for
withdrawal of US funds from my account totaling just over 400.00
CDN around 10 PM last night. What the 'ell!
Had to go right down to the bank and get a new debit card. Supposedly
bank's fraud division will get back to me within 4 days and refund my
money when they are convinced it's fraud.
Nice Christmas present from the criminal element.

===

Sorry to hear that.

I don't know about Canadian law but in the US there are much stronger
protections for credit cards than debit cards. I generally advise
people to not use debit cards for anything other than ATM withdrawals.

I turned down the debit card from my bank (Chase) and insisted they
provide an ATM card. They did, but I had to insist.



What's the difference between a "debit" and an "ATM" card?


The ATM card is only good for an ATM machine, with the security code.


Most terminals are the same as an ATM.