Timeline for Credit card details stolen every 1-2 years. What am I doing wrong?
Current License: CC BY-SA 4.0
9 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jul 19, 2019 at 16:40 | comment | added | Phil M | @Fax while I have personal experience with this (and so do you), our personal experiences do not actually demonstrate risk or lack of it for debit cards... ultimately we both got our money back. Here is a link to an article that goes into more of the risks: clark.com/personal-finance-credit/never-use-debit-card-pay | |
| Jul 19, 2019 at 9:45 | comment | added | Fax | @PhilM In my case it was Visa who refunded me. It seems to suggest that the difference lies in the credit card company (Mastercard in your case) rather than the type of card. | |
| Jul 18, 2019 at 16:15 | comment | added | Phil M | @Fax You might have a different bank, but I had issues with my Paypal debit card which I was out $500 for over a month even though I tried to do a restaurant transaction within 5 minutes of a clone of my card being used at a Walmart half way across the country. I could easily prove it wasn't me and still I was the one without access to the funds while the case was being reviewed. With a credit card, they immediately reverse the fraudulent charges. I believe the difference is with who's money it is... the credit card company owns the money in the CC case, me for debt. | |
| Jul 18, 2019 at 11:13 | comment | added | Fax | @PhilM I don't think that's true. When I had fraudulent transactions on my Visa debit card, it was refunded within a week. | |
| Jul 17, 2019 at 16:40 | comment | added | Phil M | Also I want to point out that using a credit card protects from fraud purchases, but a debit card does not have the same protections -- and it could be months before you get your money back in your checking account. When in doubt about paying at some place that might be risky, use your credit card instead of debit. | |
| Jul 17, 2019 at 3:52 | comment | added | kicken | Skimmers have been in the news a lot lately here, grabbing a wiggling the reader has been recommend. I always go inside to pay figuring there's less chance of a skimmer there. Though they just had on the news tonight a story of a in-store pin pad having a skimmer found on it at a gas station. | |
| Jul 16, 2019 at 23:50 | comment | added | metalkat | When it happened to me, I know it had to have been the gas pumps, because BOTH my cards got hit at once and it is the only place I use the 2nd card when I get the rotating 5% cashback for gas. I jiggle the scanner every single time now. | |
| Jul 16, 2019 at 21:35 | comment | added | Carl Walsh | if you get a second (or third) credit card, you could use one exclusively online, one exclusively at restaurants, one at gas stations, and next time one is stolen you'll know which was the cause. | |
| Jul 16, 2019 at 12:26 | history | answered | donjuedo | CC BY-SA 4.0 |