Quote:
Originally Posted by angiefox10
I don't carry cash and no longer sign my card. It's not blank and people do ask to see my ID. If a merchant refused to sell something to me because my card wasn't signed... I say GREAT!!!! Money I just saved!
Here is another article regarding the signing and not signing of your credit card.
Should I Sign The Back of my Credit Card? | Credit.org
My bank doesn't sent me messages when I make a purchase nor does it give me the balance. I have to check it. But for those who have banks that do... Great advise! I'm always looking for new ideas. |
In our case, it's not the bank that notifies us of any transaction, it's the credit card company. Capital One does this.
As for debit cards... We only use our debit card for withdrawing cash from a bank atm machine--nowhere else. Our son was in a situation several years ago where he left his debit card in the machine at the bank. The woman behind him accidentally used it to withdraw $200, got to the store, realized she had someone else's card, and went back to the bank, returning the card and the money. The ^&*(&%$ bank kept that $200 for SIX WEEKS while it "did all the paperwork required" to turn the money back to him
that they already had in their hands. And this was a major bank.
So yes, your bank may say you're covered for fraud, but good luck getting that $ back in a timely fashion, as opposed to the cc companies who credit you immediately.