Quote:
Originally Posted by DuckieTigger
Gee, duh. Do you even read what you write? I wasn't talking about the merchant that was dealing with a "credit card". I am talking about YOU getting screwed by someone stealing your debit card and using it as a credit card. Sure, the bank will curtesy refund money for that fraudulent charge. If they do that, you are still screwed, because while you wait for the money to go back your morgage can bounce.
So to you if someone steals your credit card instead, all they can do is max out your line of credit. Until that fraudulent charge gets cleared you can still pay your morgage with real money out of your checking account. See the difference?
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Zzz...
Quote:
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Using your debit card as a credit card is not the best of both worlds.
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Let's leave aside the confusion as the two of you talk past each other.
I have answered this (your real point). Here too, you are talking past each other.
Quote:
Originally Posted by eschwartz
But since we are discussing what your bank considers good, this matters because...
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Let's do some detective work -- what did taustin actually say?
Quote:
Originally Posted by taustin
If you use your debit card as a credit card (which is what I was talking about), it is a debit card so far as you are concerned. The money comes out of your bank account immediately, and if it's fraudulent, it's handled the same as if it were used as a debit card.
It's the best of both worlds for your bank.
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Note the part in bold+underline. (My emphasis.)
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