SWMO
Well-known member
I used a credit card to purchase some products for my business last week from a respected company and within 24 hours somebody was charging purchases to my credit card. I luckily caught it very quickly and my credit card company also had caught the fraud.
My banker tells me that there is an increase in credit and debit card fraud out there right now. You need to ask your bank how the fraudulent usage of you credit card and debit card affect your accounts. My bank tells me that there is not a limit for what I am at risk if someone steals my debit card. Essentially what is taken out of your bank account may be very difficult to get back or take a long time.
Just a cautionary note. My bank told me to never use a debit card for an internet transaction.
My banker tells me that there is an increase in credit and debit card fraud out there right now. You need to ask your bank how the fraudulent usage of you credit card and debit card affect your accounts. My bank tells me that there is not a limit for what I am at risk if someone steals my debit card. Essentially what is taken out of your bank account may be very difficult to get back or take a long time.
Just a cautionary note. My bank told me to never use a debit card for an internet transaction.