Quote:
Originally Posted by newguyintv
Using a Credit Card does not open Pandora's box for skimming like using a Debit card would do. If your CC is comprised the chances are very high that your CC company will notify you of any suspicious usage attempts. Not so with a Debit card which is a instant authorization to withdraw funds from your account. The Debit Card supplier will NOT notify you of suspicious use.
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Where did you get the above information? You say a debit card is a instant authorization to withdraw funds from your account. Isn't a credit card instant authorization to walk away with store merchandise?
My bank told me they would notify me of any suspicious use of my debit card. Also, they said: 1) they would cover any fraudulent use of my debit card and 2) and fraudulent use of my checks.