When to Ditch Your Debit Card
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Guides » Cardholder Benefits » When to Ditch Your Debit Card

When to Ditch Your Debit Card

Add to Favorites:
There has been a growing trend of consumer reliance upon their debit cards through the recent nationwide economic turmoil. While a debit card can be a very useful financial tool especially for people who are trying to train themselves to practice more financially responsible behavior, there are some times when a debit card just won’t do. Wi-Fi Hotspots If you like to go online in coffee shops, internet cafes or anywhere else where the online connection is provided via free public WiFi, never use your debit card should you find yourself making a purchase online. Those wireless connections tend to be unsecured and that means that it would be a cinch for a thief to gain access your personal information. Typically, the connections are unsecure and a hacker can gain access to any information you may have on your computer. Bars & Restaurants It’s a good habit to get into the habit of using cash when eating out at restaurants or hanging out at a bar. There are too many prying eyes around in those situations that may be feasting themselves on your debit card digits. Also, in the unlikely event that a dishonest employee decides to skim your card they have ample opportunity to do so – eating and drinking establishments are the few places in where your card is whisked away and remains out of your sight for several minutes. Most service industry personnel prefer being tipped in cash, anyway. Deposits and Rentals Always use a credit card rather than a debit card when renting equipment or a car. The rental company usually with holds a security deposit for the duration of the rental agreement. While this money is refunded upon your return of whatever it is you borrowed, if you use a credit card instead of a debit card they simply “freeze” a portion of your available balance for the security deposit, which you will likely not even notice, as opposed to tying up a chunk of cash in your checking account. Shopping Online If you view the worldwide web as your personal shopping mall, you should find other methods to pay for things rather than dishing out your debit cards details. Despite the afore-mentioned security concern, should you have a problem with your order it can ultimately prove to be a trickier undertaking to have the money refunded to your checking account instead of having it credited back to your credit card. In the unhappy event that your card number is stolen, you don’t want the integrity of your entire bank account compromised. If you detect and suspicious activity call the Bank and change your account and checking account numbers, It’s better to be safe than sorry. Also, with all the new debit card fees looming on the horizon, soon using cash or a credit card at the point of sale will save you money!

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Cardholder Benefits Research:

Related Research:

How to Get Free Wi-Fi in the Air

By Herbert Moore, Posted: September 28, 2016

Sometimes in-flight Wi-Fi is the bare necessity when you travel abroad or within the country. However not all airlines offer free in-flight Wi-Fi. There is only a couple of airlines that will allow you to use Wi-Fi ... Continue reading

Amazon Credit Cards Review

By Allison Martin, Posted: May 30, 2016

When Amazon.com was launched 20 years ago, few could have envisioned how far the company would come. What was once an online specialty bookstore is now an Internet juggernaut that sells nearly anything and has made major inroads into ... Continue reading

How Much Do Shell Cards Really Save on Gas?

By Allison Martin, Posted: April 20, 2016

There is an endless amount of gas cards on the market, and practically every major gas station, including Shell, has options to choose from. In fact, Shell offers two options for gas cards for consumers. Continue reading