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With a debit card, if there is an error, then they are taking money from your account. Yes, you will most likely get it back after the issue is resolved, but until then, you are out the money and could likely be bouncing checks leading to other fees.

My debit card has been lost twice.

The first time no fraudulent charges were made, but the second time there were.

I discovered it was missing an hour after it disappeared. Logged into my account, saw two charges that weren't mine, called and had the card canceled, the money was back in my account immediately, provisionally, awaiting investigation.

So, yes, if their investigation showed I actually made the challenged charges, they could have yanked the money back out.

I suppose if I hadn't noticed it, it could have been a lot worse.

But they credited it back immediately, and within 2 days it was no longer provisional. And I had my new card in 2-3 days. I could have paid a fee to get it overnighted.

For me, a CC is much more dangerous.

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