No. of Recommendations: 0
Actually, you'd probably rather have a credit card logo on it because both Visa and Mastercard have willingly extended the same protections to check cards that they put on their credit cards. Your account IS protected by the $50 fraud limit if you report it within 48 hours.


Oh sure, it's "protected" but until you clear up things with the bank (can take weeks) your entire checking (and savings, if linked) can be cleaned out in an instant. Meanwhile your checks bounce, your payments don't clear, and you have no cash available at the ATM. Not very convenient, and even less so if you are overseas on a Friday night when this happens. Even when you convince the bank that it was stolen, you can still be out $50, and you have a huge mess to clean up
on your time. Bank messes can take a huge amount of your time, and are a huge pain whether it is your fault or not. Been there, done that. With a PIN only (technically called an online) debit card, the card thief will not be able to access your money, unless she's pointing a gun at you, in which case it doesn't matter what kind of card you have in your wallet.
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