This tag is to be used for any question related to debit cards. If the question is specific on legality, it should be accompanied by a country tag. In case the debit card is being issued in one country and used in another, the question should indicate this clearly and/or use multiple country tags.

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0
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1answer
37 views

Multiple prepaid card sharing the same funds

There exists a prepaid card service which allows multiple cards to refer to the same account/pool of funds? With my house mates we would like to setup a prepaid card to which automatically transfer ...
0
votes
1answer
163 views

What are “PIN-less” transactions, when are they possible, and how do I make sure my transaction is PIN-less?

Rewards checking accounts typically require 10-12 monthly transactions to earn decent interest. Often I see that they require these transactions to be "PIN-less". I neither understand exactly what ...
3
votes
3answers
779 views

Are debit cards and “open loop” gift cards accepted everywhere that credit cards are?

In U.S., a debit card or an "open loop" gift card will normally have a Visa or MasterCard logo on it, and the card can be used in "credit" mode. Does that mean that such a debit card or gift card can ...
4
votes
2answers
516 views

How quickly are the funds from a bank deposit available via my debit card or a check?

I deposited a cashier's check into my account at 8AM, the account had nearly nothing in it. If I were to use the "credit" option on my debit card at the grocery store would I overdraw my account? Do ...
3
votes
3answers
235 views

Debit card for minor (< 8 y.o.)

I have a child who has expressed interest in using a debit card. He knows about money, can count coins and banknotes, and really wants to have a debit card. I want to use this as a learning experience ...
0
votes
2answers
210 views

A way to store money in something like a credit card without my name on it? [closed]

I need to travel abroad, and one of the ways I thought I could easily take money without it being in a form of cash is to buy something. Gift cards obviously is a bad idea - it's limited amount ($100 ...
3
votes
1answer
310 views

What are the pros and cons of using the cash back option at the grocery store register?

I am new to the US. Whenever I make a payment at a grocery store like sunucks, or walmart, etc. on payment terminal, they offer me cash back. I usually decline. I just wanted to know what are the ...
-1
votes
3answers
306 views

Transferring balance to a debit card

I often receive credit card offers in the mail with very attractive balance transfer options. I wonder what will happen if apply to a a credit card and try to transfer a balance to a debit card. ...
0
votes
0answers
50 views

debit/prepaid card in NOK

From time to time I travel around the world and was wondering how can I reduce costs when paying by card. Sometimes this may be acceptable if you have a good card in USD/EUR, but sometimes even that ...
7
votes
1answer
932 views

Should I use my credit or debit card when purchasing groceries?

When I go grocery shopping, I almost always purchase enough to warrant using a card rather than cash. I used to use my debit card for these transactions, but twice in the past (each incident about ...
3
votes
4answers
211 views

The hotel manager took a photo copy of my debit card. Do I have a reason to be worried?

Last week I visited Turkey. I came to a hotel my traveling agent has reserved a month before, but the reception officer didn't let me in because he said my voucher was cancelled. After an hour of ...
1
vote
0answers
152 views

Money not taken from bank account after large purchase [closed]

I made a large purchase on a Friday evening using my check/debit card as a credit transaction. The transaction was initially declined by my bank as unusual activity. On the spot I called my bank and ...
2
votes
1answer
83 views

Travelling abroad: is EUR or USD card better?

I live in Poland. Recently, banks have raised fees for card payments in foreign currency. I've heard that a good way to go around it is to buy USD and pay using it (except for eurozone and UK). But ...
1
vote
1answer
72 views

What to do of a reward card after it is empty?

Recently I enrolled in a no cost trial offer with a company. For that they sent me a $10 reward card. I used it up for buying groceries. Is the reward card useful anymore? Or should I just cut it up ...
1
vote
3answers
139 views

Is it safe to scan debit card's front and back side for my broker?

To make a deposit, my broker, regulated by EU and established, asks me to provide the scans of the front and back side of the debit card. "Name, expiration date and the first and last four digits of ...
1
vote
1answer
96 views

Make Visa, hybrid debit/credit card default to credit mode?

I have a Visa, "hybrid" debit/credit card. Is there a way to make it act as a credit card by default so I don't have to hit "cancel" or "ok" when checking out, just to get it to use credit mode?
5
votes
4answers
477 views

How do I protect my credit/debit cards from being stolen or scanned?

Until a few years ago my credit card number had only been stolen once, about 15 years ago. But in the last two years it has been stolen four times. The first recent time was a few years ago in Hawaii, ...
1
vote
4answers
329 views

Should I get a credit card if I already have a debit card?

I'm sorry if this question seems a duplicate of another (likely this), but my situation is actually a little different. My situation is that, I have a debit card from a bank I find convenient but ...
1
vote
1answer
111 views

Automating high- bank or credit union requirements (e.g. X debit card transactions per month)

Banks (and credit unions, etc.) that offer high interest typically require the customer to take some kind of action every month, such as performing 10 debit card purchases. I'm wondering if people ...
1
vote
2answers
221 views

Why are rewards for credit cards so much better than debit cards?

My understanding is credit card companies make money based on a transaction cost, which presumably is the same for credit/debit. I can't really find information on this, so it might be a faulty ...
2
votes
1answer
270 views

Debit card has stopped working while traveling, and my bank says there's no problem

I'm in Portugal at the moment, and my debit card (from a US bank) stopped working. Every ATM I have tried in the city (at least 8) says "Try another location" since Sunday, and purchases all result in ...
4
votes
2answers
1k views

Why do credit card transactions take up to 3 days to appear, yet debit transactions are instant?

I noticed that when I use my credit card it takes up to 3 business days (even 5 days including weekends if I use it on a Thursday, I have to wait until Monday or Tuesday) for the transaction to appear ...
0
votes
3answers
165 views

When to use visa debit /MC debit

When I open up a regular checking account, I get an ATM/DEBIT card? So what exactly are the pros/cons of using a Visa/MC Debit card over the debit card provided by my bank?
3
votes
1answer
827 views

why will charges disappear from my debit card then reappear

I have made a few large purchases (ex: computer, flight tickets) in the past with my debit card, and for the most part the charges go onto my card and that's the end of it; other times I will see the ...
4
votes
6answers
1k views

Digital envelope system: a modern take

Is anyone successfully using a digital form of the "envelope system"? I have some of the pieces, but have not figure out a complete process to automate. I am thinking of using a pre-paid debit cards ...
7
votes
2answers
301 views

How can a school club collect money using credit cards?

tl;dr- How can we legally accept credit cards (to our club bank account) without being able to become a legal entity? I'm an officer an officially-recognized student-run club at my university. I'd ...
5
votes
1answer
117 views

Long card payment delay caused loss on exchange rate

While travelling two months ago I made a purchase in a store abroad with a card, everything went smoothly. Today I received a call from my bank saying that only yesterday the transaction went through ...
1
vote
2answers
129 views

Paying with a debit card

How exactly do I pay with a debit card from my bank? My mom told me that I should never have to enter my pin when using debit card, but I did today at WalMart. Did I screw up? Is there any general ...
-1
votes
1answer
327 views

Money blocked on debitcard by PayPal

I bought some airline tickets using paypal (I have a debitcard associated to this account) and it seems that paypal debited the ticket price once and then also blocked the same amount on the card. ...
3
votes
4answers
420 views

Why do the banks charge a foreign transaction fee?

Could somebody please explain why some banks charge a fee for card transactions made in a foreign currency? For example, for a debit card transaction, as far as I know, the exchange from the foreign ...
9
votes
4answers
557 views

Why the different fees for credit and debit card payments?

Could somebody explain why the merchants are charged different fees when the customers use credit and debit cards?
2
votes
1answer
929 views

Is it possible to get a debit card for a non-US-citizen nephew without foreign transaction fees?

Here is my predicament: I am a US citizen, and I have a nephew in Russia, who is not a US citizen, and whom I would like to support financially. I have easily been able to make him an associated user ...
4
votes
1answer
1k views

Will moving significant amount of cash by using debit card cause problems in the USA?

Let's say I'm withdrawing money from my debit card(issued by bank from my country) and depositing them in the US bank account. Will it cause some kind of problems? The total amount is a bit below ...
4
votes
1answer
307 views

Do US ATMs need magnetic stripes?

German banks (credit unions) are starting to issue ATM cards that have only a chip, no magnetic stripes (German language news article). Can such a card currently (May 2014) be used in US ATM machines ...
6
votes
2answers
196 views

What are the limitations of prepaid payment cards (compared to credit cards)?

I am currently unable to get a credit card¹, but I wish to be able to buy goods from web stores, to buy airline tickets, to rent cars, hotel rooms, etc. Through my bank I only have a Member Card, ...
2
votes
1answer
156 views

How can I refute an excessive surcharge for debit card payment?

I recently paid a company to carry out some work on our house. I made a payment over the phone and spoke to a nice lady who took my debit card details. However when I checked my bank account I ...
6
votes
5answers
2k views

Should I collect receipts after paying with a card?

I heard from some folks that it's wise to collect a receipt after you pay with a card. The reason they propose is that the merchant can theoretically charge your card again after you leave, and a ...
3
votes
1answer
226 views

MasterCard/Visa: For my second card should I stay with the same network?

I have a card in a country, and want to create another card in another country for convenience reasons. Let's say the terms of both networks are very similar for me, so I have no special reason to ...
1
vote
0answers
2k views

which banks (and where) in Europe allow non-residents to open accounts with a single visit (or even none at all)?

Which banks and where in Europe allow to non-EU resident (eg from Russia) to open a bank account, requiring only a single visit in person (or, ideally, completely remotely, with no visit at all--doing ...
4
votes
3answers
2k views

Who performs the blocking on a Visa card?

I recently tried to pay for a train ticket online with my Visa debit card. However the payment got refused, but the price of the ticket is being blocked on my card. I contacted the train company to ...
2
votes
3answers
2k views

Debit card funds on preauthorization hold to paypal: can it be used for another transaction?

I have a sum of money on a prepaid Mastercard debit card which I attempted to use the majority of to make a purchase from a vendor who uses Paypal for their payments. Unfortunately, the vendor ran ...
1
vote
1answer
65 views

Spending arrangements for a dependent student studying abroad

I live in the U.S., and my daughter will be starting college in England in the fall. She is financially dependent on us, has no credit history, and will not have a job while she's in college. We'll be ...
5
votes
2answers
217 views

Any reasons why I'd better not black out security code from my debit card?

I'm considering to black out CVC2 (card security code) from all the bank cards I have. The reasons are: in the country I live, debit cards are often taken away at restaurants, so they easily remain ...
2
votes
1answer
568 views

Misspelled cardholders name: any official policy of MasterCard?

My bank issued a MasterCard debit card with a misspelled cardholder name. They promise that credit card regulations allow up to 3(?) letters to be misspelled in the name, but can't show an official ...
4
votes
1answer
142 views

Is it true Visa & Mastercard can choose a more beneficial date (for them) for the exchange rate on a foreign transaction?

Whenever I pay abroad (or online) with my debit card, the amount charged is in a currency other than my card's own. I am aware Visa/Mastercard charge for a foreign currency conversion. I heard a ...
3
votes
3answers
4k views

Can merchants tell the difference between a credit card and embossed debit card?

I don't have a credit card, still some merchants (e.g. car rental companies) require a credit card to use their services. If I have an embossed debit card issued, may I be confident to use it when ...
7
votes
1answer
181 views

What can a customer do to reduce damage from a data breach?

A larger retailer admitted recently that hackers were able to steal credit and debit card data for about 40 million customers. Reports say that names, payment card numbers, expiration dates and ...
1
vote
4answers
260 views

Why hasn't public key encryption or one time password been introduced to battle online card fraud?

With all the identity theft and card fraud in the world. Even though some One time password measures have been put in place in the banking system where the cardholder verifies the transaction with a ...
2
votes
2answers
105 views

Difference among prepaid card, prepaid debit card and debit card

I'm confused with prepaid card, prepaid debit card and debit card, can anyone tell me the difference among these three cards?
3
votes
4answers
665 views

Automatically splitting payments between people

My girlfriend and I have decided that we want to split expenses 50/50 (or whatever ratio). Currently, we alternate payment, but that means that we have to remember who paid last time, how much, etc. ...