Skip to main content
No. of Recommendations: 2
The VISA debit card agreement says I have the exact same protections as a VISA credit card. Is this not true?

A calcuated marketing speel

As previously noted, this is a promise from the bank and not a legal requirement.

With fraud, while being disputed the funds are already withdrawn from your account.

Local example: Some Lucky's cash registers were compromised. Debit card information including PINs were stolen. Initially, some banks denied fraud claims because PINs were used in the fraudulent transactions. Only after media coverage did the banks relent, and admit that since PINs were also stolen, fradulent transactions could use PINs.

I consider debit cards too dangerous to use. I hadn't gotten around to making my Debit card an ATM only card. Last week I made a mistake and used it. It will be an ATM card only by Monday.
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.