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Article #212

Re: Wells Fargo vs. B.o.A.

#212
From: George Grapman
Date: Thu, 04 Jan 2007 20:25
21 lines
2396 bytes
Alison Chaiken wrote:
> David Arnstein asks:
>> Clearly, something about debit cards chap your hide. Care to
>> elaborate?
> 
> Ernie Klein writes:
>> you _may_ get some of your money back.
> 
> I couldn't possibly explain my concerns about debit cards any more
> clearly than that.  Debit cards are a reasonable choice only for
> people whose credit record is too poor to get a credit card.  People
> who qualify for credit cards would be just plain nuts to get a debit
> card.  They are banks' method of transferring risk from themselves to
> consumers.  That's why I will close my credit union account rather
> than accept one.
> 
   Actually I find the debit card a great alternative to the ATM card. 
Anytime I need money I buy something at a store and get cash back.

-- 
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From: George Grapman <sfgeorge@paccbell.net>
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Subject: Re: Wells Fargo vs. B.o.A.
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