🚀 go-pugleaf

smr <me@shawnritchie.com> wrote:
> Geoff Gass wrote:
>> Matt Ferrari<invalid@noSpamORharvest.com>  wrote:
>>> Bank just called me wanting to verify debit charges. Apparently some
>>> slimeball criminal organization charged $39.95 to my card.
>>> The bank flagged it and didn't approve it. Now I have to get a new card. The
>>> only recent thing I entered my info on was utility bill payment for the
>>> village. Hmmm little bit of paranoia here now.
>>
>> why are you using a debit card?  the only place you should use a debit card
>> is one where credit cards aren't accepted.
>
> Ding ding ding.
>
> Debit cards are tied to _your_ money, so the bank gives a fuck about 
> getting it back. Credit cards are tied to _their_ money, so, in my and 
> many other people's experience, they've been very good about getting 
> that back from the originator or, at least, not holding the person who 
> got fucked for the charges.

exactly.  they have somewhat similar dispute processes, but with a CC, it's
at best your credit limit that's being held up.  With a debit, it's your
account balance that's being held up.