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5 Places Never to Use Your Debit Card

submitted on August 30, 2011 by DebsFreebies in "Member's Lounge"
Debit is now the preferred payment type in most point-of-sale locations, beating cash, credit cards and checks, but using a debit card online can work against you.

There are 5 places you shouldn't use your debit card.

Rental or security deposits
Restaurants and bars
Regular payments.
Wi-Fi hot spots
Any retail outlet where you choose the "credit" option

Read the following article to find out why: http://finance.yahoo.com/banki.....management
 

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  • 123322
    BeckaKnows
    beginner
    Posted by BeckaKnows on August 30, 2011
    [reply] 2 0
    Wow, thanks! I use my debit for everything, especially with online purchases, and this opened my eyes.
  • 123323
    pablos17
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    Posted by pablos17 on August 30, 2011 [reply] 0 0
    Not so sure about #4 - WiFi hotspots because if the merchant is using a standalone card terminal with an encrypted PIN pad then information would be kept safe. However, if the terminal has been compromised as some have at various stores (e.g. Aldi) then hackers could be harvesting card/PIN #s. With that said, I always try to use my card as credit instead of debit just to be safe.

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