Mr. Luddite wrote:
On 12/18/2014 4:43 PM, Tim wrote:
My wife is ditching her debit card. It's been "compromised " three
times this year. She has several automatic payments coming out of her
account monthly, and has to contact her accounts and switch stuff
over and has had to do this several times.

I won't have a debit card.



Banks heavily push their debit cards, credit cards, on-line banking
and auto deposit/payments systems. I think they should be 100 percent
responsible for any screw-ups or hacks of their software security that
results in theft of funds or identity.

I've had a few instances of fraud with my personal and company cards
over the years and they never charged me a dime. Bank of America,
Chase, and CitiBank - all the same.

It has been annoying to be declined in Las Vegas, for example, for a $40
purchase. I had to call the bank and verify it. They said I didn't
tell them I was leaving town so I told them I didn't think they needed
my itinerary and they could see I travel often. That was the first and
last time that happened with any credit card. They have some odd
procedures for determining what might be fraud.

SE