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for questions that relate to the laws, practices, and products of the European Union (EU).

5 votes
3 answers
17k 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 cr …
Grzegorz Oledzki's user avatar
1 vote
2 answers
335 views

Why do the banks charge for using credit card in ATM?

When I look at the credit card offer in several banks, they always have some price on withdrawing money from ATM (at home, not abroad), e.g. "3.5%, at least 2EUR" or similar. Why aren't there credit …
Grzegorz Oledzki's user avatar
4 votes
1 answer
437 views

Is it true Visa & Mastercard can choose a more beneficial date (for them) for the exchange r...

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 rumo …
Grzegorz Oledzki's user avatar