Reply #31: If you have a credit card [View All]

[MurrayDelph]

then debit cards are a bad deal, anyway.

I realize there are folks who do not qualify for credit cards and have no choice. To them I suggest finding a credit union for the source of debit card.

More and more places are paying off their "rebates" in debit cards. Even the state of California is now paying their unemployment insurance payments in debit cards (and, God help us, they are from BofA!). When I get those payments, I drain them immediately.

The rebate cards can't expire per se, but they start decreasing value of remaining balance.

Also, if someone rips off your credit card (or clones the magnetic strip), you call the bank, tell them "that wasn't me" and you're off the hook until they can prove otherwise. If someone rips or clones your debit card and you call the bank and say "that wasn't me," you're screwed until YOU can prove it.