Quote:
Originally Posted by bonrich
My home bank up North will not accept AX travelers checks from patrons that do not have an account with them. Seems they are easily counterfeited and have been passed around the area. Best to get a debit card and use that instead of travelers checks.
|
Most debit cards and traveler's checks offer little or no protection to you as a user. That's why the banks want you to use debit cards. Credit cards offer the most. The best plan in my mind is to use credit cards, and check your account regularly for misuse, and report it. You will not be held responible for fraudulent charges, and the credit card often offers you extended warranties, and other valuable benefits...car rental damage liability waiver, price protection if an item you buy is found for less after you buy....etc, etc. Read your credit card list of benefits. I suspect many will be surprised.