“If you can’t afford a $200 hold on your card, then you can’t afford to stay at that hotel. You should be at home working.” 😂😂😂😂

@alinatamashevich3354

Жыл бұрын

Bingo!

@brendondowdy5651

Жыл бұрын

You guys are idiots. People don't steal cards to spend $200 lol. They steal it and try to spend tens of thousands. So imagine getting like 35 grand out of your account. Don't think people stress 200 like that

I keep my emergency fund at a different bank just for this.

@user-yb5bg8im5g

4 ай бұрын

my emergency fund in ranking denominations and in a a fire proof lock box hidden in my house. safe and immediate access.

It took my coworker a month to get 5000 back. It took me a week or two to get 100. I don't want to use debit, I don't feel guilty. I do pay mine off. I don't like the hacks with my money, Visa is quick and I get new card in a day or two. It works for me, all that matters.

@jodylarson4697

Жыл бұрын

I'd say change banks.

@BlueDauntless

2 ай бұрын

Visa is my credit union’s third party fraud investigators. And they’re terrible. Recently we had several online fraud charges. They call to make the claim. The charges were from Walmart, and we didn’t make them. So visa said too bad, nothing we can do, and they open the card back up! (The card is locked when there’s fraud.) If we ever stepped foot in a Walmart, they say they can’t help. Even if we used a different card.

@deb9806

2 ай бұрын

@@BlueDauntless I'm sorry, I had totally different experience with American Express. They were wonderful and even kept me abreast of how many tried to use my old card (although it didn't matter) My bank was fine with my master card fwhen someone in Walmart used it while I was using it somewhere else. I rarely use my debit now and just pay off credit the same day or schedule it. I hated seeing my own money gone. That is weird though and I would have fought it. With Visa it was years ago with some small music charge, probably to test it. Fingers crossed been a few years with nothing.

@iracohen3864

Ай бұрын

YOU ARE RIGHT

When I hear about Dave not having trouble with banks I just think, “Well yeah, you’re Dave freaking Ramsey!” No bank is going to give him a hard time and risk losing his business lol

@shanescrimshire8395

Жыл бұрын

The algorithm doesn't care what your name is.

@stevenporter863

Жыл бұрын

Dave's answer is to buy a Zoolander Fraud Policy. How about not putting your money at risk of fraud and just using the bank's money? Dave leaves out that if your bank account is compromised you need to spend time changing the account and any auto payments or direct deposits, but he probloby has people for that so it is just a two minute call for him. At the end of the day a debit card is a direct link to your account.

@pep590

Жыл бұрын

Exactly!!! The bank would never hold up his money nor really approve the purchase.

@johnSmith-uz8nl

Жыл бұрын

@@shanescrimshire8395 your wrong.... dead wrong.

@shanescrimshire8395

Жыл бұрын

@@johnSmith-uz8nl So the banks have staff standing by monitoring ALL transactions for important names 24hrs a day? Does Dave have enough money in the bank to have 24hr surveillance by a human being who can decide what is fraud or not?

Some people actually have to worry about the consequences of a fraudulent transaction happening around the same time their rent or mortgage, for example, and the rent payment gets denied. Then you have your landlord coming after you and charging you returned check and late fees.

@aolvaar8792

Жыл бұрын

rent or mortgage should be direct draft, not debit card.

@Kevin.Grindel

Жыл бұрын

I believe what Eli is saying is fraud can take money out of your account that will then jeopardize money being drawn for rent

@davidcurtis5398

Жыл бұрын

@@aolvaar8792 i never have let the bank take any money from my accounts for rent or a mortgage payment. pay then personally...

@listerinr

Жыл бұрын

As a landlord, I would definitely still charge late fees.

@aolvaar8792

Жыл бұрын

@@davidcurtis5398 How does the mortgage get paid, if you're dead?

If you're that worried, open a separate account with a debit card on it. Transfer just enough funds from your account to the new one when making on line purchases. That way, even if your card is cloned, you can only get taken for a small amount. As has been said, the bank will sort it out ASAP anyway. The on line only debit card limits your risk to pretty much zero.

@davidcurtis5398

Жыл бұрын

W have a special account for the debit card with only $250 in it at any time. If we are going to spend more, we then transfer enough money to cover the charge. We also check the accounts every morning and that only takes a few minutes.

@joerichards3710

Жыл бұрын

Just create a PayPal account

@thetechtrons3778

Жыл бұрын

I couldn't agree more. This is a great thing do to for fraud protection.

The only time I experienced a negative experience with a debit card is when I paid a fraudulent company through PayPal. My bank always reverses any unauthorized charge,which rarely happens.

Having worked at a bank, if you’re worried, you can set your own daily limit on your card, not to mention there already is a limit unless you ask for an increase. I’ve only heard of “fraud” not being refunded when it’s because someone gave their brother the PIN number and he used it without your permission 🤷🏼‍♀️ but that when you’re liable is when you give your personal codes to someone. Otherwise it’s just not a thing.

@Bidenlost2020

11 ай бұрын

What the heck? I forgot about that! Debit cards are secure by a pin, credit cards aren't!!

@wldktz1

7 ай бұрын

@@Bidenlost2020you can still run a debit card as credit without a pin.

@user-yb5bg8im5g

4 ай бұрын

t.u. so easy to TALK TO YOUR BANK. they are a busininess, not a monster hiding under your bed. i ASKED and had my crdit card linked to my checking account. rewards and security. dave NEVER mentions it.

@Josh-py9rq

26 күн бұрын

Have you been to the better business bureau website or consumer affairs on bank of America chase the works…. And deny fraud charges look it up on KZread good lord….

@ElePranaityte

12 күн бұрын

​@@Bidenlost2020every card has a PIN code. That is how they are made.

When you have a few hundred dollars in the bank the bank is holding your account hostage. When you have millions in the bank like Dave, yeah they're not risking losing his business.

@cambrie7946

Жыл бұрын

Nope. By law, doesn't work that way bud

@jimroscovius

Жыл бұрын

Why would you have only a few hundred dollars in the bank? Why are you staying somewhere that you can't afford?

@Vencarter

Жыл бұрын

Literally missed his fckn point. If that transaction fcks you over then you can’t afford it. Ffs.

@listerinr

Жыл бұрын

@@jimroscovius people have to start somewhere. Don't be so arrogant

@listerinr

Жыл бұрын

@@Vencarter tell me you've never had to struggle without saying it 🤦‍♂️ People have to start somewhere. Just about everything costs a few hundred bucks. That could be groceries.

I've had the occasional fraud charges on my debit card. They've all been refunded pretty darn quick. It has never been an issue.

@retrojay86

Жыл бұрын

have never had an issue like that so far🤞🏿

@juliochavez9929

Жыл бұрын

Same here

@hiddenmonkeyofdoom

Жыл бұрын

Issue is the bank generally then locks the card, meaning you're without your account for the 3-5 business days for new one to mail

@scarpfish

Жыл бұрын

It might be an issue for someone who's account balance is low enough to regularly not have a comma in it.

@jasonharris765

Жыл бұрын

Simple…if that’s the case you are banking at the wrong bank😂

My bank refunds the money immediately then performs their investigation. If they deem it's not fraud, they reverse the refund. But I've never been set back by fraud.

Isn’t the way to avoid this is to use cash more often? Also, as other people say, you can have two checking accounts - one for everyday purposes and one just to hold money but not use.

@candy2325

Жыл бұрын

Hard to avoid when you can’t pay certain bills in cash

@JasonGroom

10 ай бұрын

If you're keeping your emergency fund, which is what you're describing, in a checking account, or even a standard savings account, you are literally losing value every day.

I have had quite a few fraud things happen. Always seems to happen with my 5/3 card, I don’t think has ever happened with my chase. One thing you can do is have multiple accounts not tied to each other. And only have your weekly budgeted amount in the most used one so a fraud incident doesn’t wipe you out.

@karenc6334

Жыл бұрын

Exactly. When I had fraud on my account, I just transferred some money from my emergency fund to my checking account until the dispute got resolved. Easy peasy.

@alinatamashevich3354

Жыл бұрын

@Dino, never trust a bank that is bad with fractions

@pattyajones

4 ай бұрын

@@alinatamashevich3354 LMAO.

We are notified for any transaction above $1. We get a text telling us when we buy gas or go to the grocery, etc. It's great, and it has saved us a couple times!

dave muted him b4 he said i pay mine off lol dave is funny i dont pay my cc every month i pay it bout every week lol

@terrybusch5088

Жыл бұрын

THats exactly what I do and then I get my rewards and make money on my card.

@aaront936

Жыл бұрын

Dave can't have people poking holes in his plan with math and common sense.

Had someone fraudulently steal money using our debit cards. BOA gave the money back and we were fortunate enough to get it all back and life continued.

@blackworldtraveler3711

Жыл бұрын

Why would you feel fortunate? You're supposed to get all of your money back. If you are just at home in your zip code doing regular everyday things you shouldn't have no problem with a debit card especially if the type with the paycheck to paycheck lifestyle and keep small debit card balances.

There was a fraud on my debit card a couple years ago. The bank had me waiting for 30 days, but got the money back eventually.

@jimmymcgill6778

Жыл бұрын

Dave thinks everything happens so fast.

@sugarsugar475

Жыл бұрын

Correct! They have to rely on back office clerks to research and resolve a dispute. Sometimes they request letters from third parties. This takes time, and the customer is on the hook!

@pattyajones

4 ай бұрын

I hope you changed banks?

I agree with this caller. Credit cards are a great tool. I've had fraudulent charges on my cc 3 times over the past 10 years. The cc company took care of the fraudulent charges. Never paid interest on my credit card ever.

@ElePranaityte

12 күн бұрын

Debit card will do that too.

Correct. Always be aware and learn more about what you are buying especially online! Fraud is widespread here. Great advice!

Someone tried to run an $800+ charge on my debit card to pay their past due gas bill! The monthly rent was then short (fortunately I had an understanding landlord while I got the funds reversed.) As for the hold on a hotel charge - if you travel due to a funeral, that is an emergency which you cannot always plan

@MikeThePike316

Жыл бұрын

If it's an emergency, then you should use your emergency fund. Or room with family.

I've had fraudulent charges on my debit card a few times and I always got my money refunded. Not saying it's always like that for everyone but so far I've never had to cover fraudulent charges. Within an hr of talking to the bank my money was back in my account.

I think the problem is when the bank balance is so low that a fraudulent charge could overdraft. If that is the case, then just use checks and cash.

This guy has a valid point.

@davidcurtis5398

Жыл бұрын

Maybe...

I wish he would actually address this guys concern.

@mikojenson4525

9 ай бұрын

He can't, because the way to address those concerns is "use a credit card", and Dave will never say that.

@brendondowdy5651

9 ай бұрын

@@mikojenson4525 lol facts.

@ASimoneau

3 ай бұрын

They did. If your bank takes an inordinately long time to credit your account for a fraudulent purchase, that's on your bank. Plenty of people, when you ask them, report getting their money back within a day.

@brendondowdy5651

3 ай бұрын

@ASimoneau never been my experience with banks lol.

You should also stay inside %100 of the time, because lightning could strike

I see nothing wrong with using a cc…and paying off every month

@adoe2305

Жыл бұрын

As long as spending 10% more than you would have using cash isn't wrong.

@aaront936

Жыл бұрын

@@adoe2305 it's 2022 no one uses cash anymore. And your brain can't differentiate between a cc and a debit card.

@mikojenson4525

9 ай бұрын

@@adoe2305 This is such a bogus number. Last I checked, the gas pump didn't charge me more because I used a CC instead of a debit.

Open a savings account that can't be accessed with your debit card and put your emergency fund there. Now while you wait for the bank to fix the issue you still have other funds you can use that were never touched. Problem solved. And by the way, turn off automatic overdraft protection. You shouldn't be able to pull from your savings during a debit card transaction. If you're constantly going into the negative with your checking account then you need to change the way you handle your money. What you don't need to do is set up an automatic siphon from your savings that anybody who gets a hold of your card can use.

So why do financial experts like Clark Howard say never use a debit card, especially online and at hotels?

I have never had a single issue in the past 20 years of using a debit card.

Gas stations in Georgia used to put a hold of $70. Now they put a hold of $100 on your card. It is usually adjusted within 24 hours.

@greggpurviance7252

5 ай бұрын

Gas stations in Dallas charge your card, the cost of the gas you put in

A person with under 3k in the bank would suffer from a $600 fraudulent transaction. Dave is most likely in a presidential club of what ever bank he works with and we as regular people are not.

@alinatamashevich3354

Жыл бұрын

Then get there! If 500 bucks is the difference in your life you have bigger problems than what card you carry.

Love Dave's "Fun Guy Shirt" 😂

Would never cut up my credit cards. Proud to have paid off my cards monthly for 35 years.

@Yelocab1

2 ай бұрын

But, you tend to spend more when all you have to do is slide a card instead of taking a $20.00 bill out of your wallet and watch it turn into a handful of smaller bills and change

@FiOSFellow

2 ай бұрын

@@Yelocab1 no I don’t

@islandhopper100

2 ай бұрын

@@FiOSFellow Financial discipline is a difficult skill to master and very easy to lose.

@KJ-od8wq

Ай бұрын

@@Yelocab1 Same with debit cards.

Debit card fraud has been an issue for me

I hired a car abroad once. £3000 pre approved for a Citroen C3 and they only accepted credit card.

If a person can budget correctly, and pay them off every monthly there is no issue. Can't speak for the 78%, only for myself. No issue.

@jimmymcgill6778

Жыл бұрын

That 78 is a lie.

@RozeeBeez

Жыл бұрын

I pay mine off monthly and so do my sons. It's doable.

@pattyajones

4 ай бұрын

We also pay ours off every month. However, we used to overspend too, as Dave has mentioned before. Keeping it real.

THe thing that I dislike about plans like about the Dave Ramsey plan is their thought process where if you don't buy 100% into what they are saying then your wrong. I don't buy into all or nothing plans. I was a mormon for 30 years and their plan was all or nothing, then when I fell on hard times they dropped me like a brick. THey had me buy Dave's course and take it. I listened to every class and then went out and did some of it but not all of it. THey told me to not come back to church. Now 12 years later I am financially secure doing it my way.

@jodylarson4697

Жыл бұрын

Sorry, I don't believe you. The Mormon church doesn't tell people not to come back over a finance class.

Every time there’s a fraud charge on my debit, it takes me two weeks to get a new card. Not very convenient.

@ElePranaityte

12 күн бұрын

Stop running your card in phony places.

Dave isnt an every day man with real world struggles. He doesn’t live in the real world.

@pep590

Жыл бұрын

He sure doesn't in this area. I'm a big fan, but I'm an honest one too. Yes, debit cards are risky, risky and more risky!

These two are thinking that fraud doesn't exist. CC have better security. A few hundreds to lost of people are a lot. They don't only put a hold for a hotel. They can do it for anything. But that is not the point. They will even put a hold at the gas pump. Have he ever head of a skimmer?

@alinatamashevich3354

Жыл бұрын

@Jimmy, again you have no idea what you are talking about! They are either Visa or MasterCard products. They carry the same protection. QUIT spreading lies

@jimmymcgill6778

Жыл бұрын

@@alinatamashevich3354 I know what I'm talking about. It's easier to dispute it on a cc, then it is on a debit card.

@alinatamashevich3354

Жыл бұрын

@@jimmymcgill6778 And you would be WRONG again! Why don't you educate yourself, instead of spreading false information? No wonder you are unemployable.

@alinatamashevich3354

Жыл бұрын

@@jimmymcgill6778 You are just argumentative, you have no idea or clue what you are talking about. In other words, let the professionals do the talking , keep your ignorant opinion to yourself.

@alinatamashevich3354

Жыл бұрын

Means YOU ARE WRONG Jimmy boy

I worked at a bank they do not give you your money back in 48 hours they have to do an investigation so it does take awhile and it can really mess you up one good option is to use a prepaid card for online purchases or separate account for purchases

@davidcurtis5398

Жыл бұрын

If you use any card to purchase on line just keep very little in that account... Simple.....

Right, but it doesn't just happen when you're buying things. People get your numbers and THEY buy things. So I would a $2 bottle of water at gas station and someone bought $900 worth of suits and ties online.

Do we have to cancel them or stAy the card active but cut them off and not use it?

From what I know it is not a significant problem and they can give back your money within reasonable time, it is paypal that has bad customer service in this situation.

their money vs your money

We stopped using debit when we made a 400 withrawal and they gave us 380 and took 800 from our balance. took 2.months to settle the issue

To Dave’s point he forgot to mention if your following the baby steps then you have and emergency fund for $1000 which in the case of debit card fraud you have that emergency fund to hold you over until the issues are resolved with your bank. It is a scary and different way that he teaches but it does have everyone’s best interest to save themselves from..themselves!

@stitcher4729

Жыл бұрын

$1000 is not enough for an emergency account. How long has that number been the same?

@drlax15m

Жыл бұрын

@@stitcher4729 it’s better than nothing, but for the number of years i have heard it, it definitely needs to be updated for inflation

@JasonGroom

10 ай бұрын

Dave's idea of a $1000 emergency fund is just idiotic to start with. That is no where near enough. A starter emergency fund should be, at minimum, 1-2 months expenses, and fully funded is 6-12 months.

So he said if you can't survive the 48 hours, which it is often more than that, you should be buying it. YOU DIDN'T BUY IT!!! The person that stole your card did. If you have $1000 to last your week or month, and someone charges $995 on it, you did nothing wrong, and you are still deviated as a family with no money for 48 hours, at minimum

What’s the difference between using a debit card and using Amex that has to be paid in full every month?

@pattyajones

4 ай бұрын

Do you have to pay an Annual Fee for that card? What if the AMEX bill isn't paid off every month? Those may be the only differences?

God bless Papa Dave

Nice shirt Dave!

I buy groceries and other things online with debit, and i only use a cc at a gas pump and a few other public places but I understand how tempting it is to use, so I limit it's use. Just an extra layer of protection.

I think an easy solution is to simply open a 2nd checking account at the same bank and leverage one account to make debit purchases with. Heck, even an account to make riskier purchases at gas stations, ballparks, etc with a low amount of money will help protect you in these situations. Then keep the rest in savings and your other checking to pay larger expenses like mortgage, rent, etc.

@RJWaynerium

Жыл бұрын

That's a very smart idea, I didn't think of that.

@aaront936

Жыл бұрын

@Rich Casino that's how you get robbed.

@WhatShallEyeDo4U

Жыл бұрын

Yep, just like having a Spam Email... Not hard, people.

My worry is that the bank needs to mail out a new card and it always takes 3-7 days for it to come in the mail.

You could always a prepaid credit card with your bank. If you prefer to use a credit card for whatever situation just transfer the money required from your checking account to this credit card beforehand.

The debit card that is hooked to your checking account should not be your main checking account or having an emergency account.

You can get an American Express green card that requires you to pay off your balance once a month. When I got my first credit card I had about 15 years experience with the American Express card and knew I could handle the responsibility. I had to get the Visa card because there are a minority of merchants that will not accept American Express. Other than that I followed Dave's instructions to the letter and results are what count.

Dave found his new favorite shirt

Is this the same for Canada?

TD BANK gives you a new debit card on the spot (in the bank and in person same day, it only takes 5 minutes.. )

@Carib6855

10 ай бұрын

They just want the option to spend money they don't have. Finding excuses.

Yes Dave, you have “hundreds” of debit cards and mitigates any😢 pain if one freezes up. Yet the average person has one debit card that can throw a monkey wrench into their lives for a short period of time. That being said, probably a good strategy is to have two debit cards, say spit it 50/50, and if one get hosed up, you have the other.

@mikojenson4525

9 ай бұрын

Imagine having to do all this planning to mitigate possible fraud from using a debit card when you have the option to just use a credit card instead and be unexposed to the fraud altogether.

@acrobizer1238

9 ай бұрын

@@mikojenson4525 totally agree

Right on Dave! If you cn't afford the loss, don't spend. Pretty simple.

@aaront936

Жыл бұрын

That doesn't protect you from fraudulent charges. Dave's living in a fantasy world.

@jimmymcgill6778

Жыл бұрын

Fraud have nothing to do with being able to afford something or not.

@thorsfist5929

Жыл бұрын

You didn’t watch the video 🤦‍♂️

Welp, we were just hit with a fraudulent set of w/drawals on our debit card that cleaned us out of around $2K from our account, like a $0 balance now. Amount will not be refunded until we fill out some paperwork that the bank is sending us. We won't starve yet, but just letting people know that it DOES happen and immediate refund is not happening. On the other hand, happened to us with another bank debit card a couple years back, and refund was w/in 5 days so may depend on the bank.

My debit card is used for one thing. Taking out cash from the ATM. I will NEVER use a debit card when a credit card is an option. It's such an unnecessary risk. Dave is wrong on this, as per usual.

I am not afraid of credit cards or any other monetary tool. Financial discipline is a learned skill.

I can’t imagine losing my 840 credit score after it took me 10 year to build it up. If someone can’t control their spending habits, then they shouldn’t use a credit card. I have always only use 4% of my $205k credit amount, so about $6000 a month. I don’t even take my debit card out the house so someone bought something with it 5 states away from it and it wasn’t me. Cash is king, but good credit is queen. I may not ever be a millionaire, but my kids and grandkids don’t know. I make 100K a yr.but live on about 50k, so I bank a lot. I owe 45k on my 235k house with a 2.5 Apr on it. I got a plan to retire and move to Florida in 3 yrs.

Since Chip cards came out not one single fraudulent charge on my debit card

I have had chase shut down my debit card when I was about 19 when someone tried to hack my account. That was the only time.

A lot of peoples accounts have been drained from Debit Cards and they did not get their money back.

Isn't this something the emergency fund should help with? Just don't forget to refund it when the bank gives you your money back.

Nice shirt Dave. Looks festive and Hawaiian like

''78% of people don't pay off their bill each month, so someone is lying.'' that would be dave. when this wast posted a year ago, the payoff rate was 63% as of 1/24, it is 51%

Just have a separate backup account with 1000 dollar on it

You can set a limit transaction per day. And you can always change it. So you can set it to $100 for example and anything over that will get declined.

How do you build credit then without a credit card ?

Just have two debit cards. Use one for expenses. Transfer minimum needed amount to that account. Problem solved

Why would you use a debit card and have a hotel put a hold on your mony? That is stupid. Use a credit card, borrow money for free for a month. Do all the shopping you need. Charge any hotel that you want. Fix your car at any repair sop you want. Pay for everything with s credit card and pay the bill at the end of the month. It is a no brainer.

Oooooooooo, Dave hurt some butts there. "If yer buying something that if it doesnt get returned to you in 48 hours it will destroy you, thats something you shouldnt be BUYING"!!! lol Love it Dave. Drop yalls DRAMA. And this dude was leading FPU and probably one of the leaders telling people CCs are ok. SHAME

@sstrongman1667

Жыл бұрын

The scammers are the ones making the purchases not the victim. You have no control over how much they pay off. Being completely wiped out/ locked out of your only account could be really bad. Maybe a back up account would be appropriate.

I can see where it would be hard to budget for a hold on your account when you don’t really know what the hold is gonna be without extensive research. One solution, just pull from your emergency fund an extra thousand dollars for the month and use that as your buffer for the hold and then put it back in your emergency fund when you’re done. We shouldn’t even be going on vacation, unless we have a fully funded emergency fund anyways so you’d be pulling 1000 out of like 15 K temporarily

I don’t use a credit card but I will say, for travelling they are kind of essential. My most recent trip my debit cards would not work ANYWHERE, not once. If I wasn’t with someone the whole time who had a credit card from whom I could buy cash I would have been fucked

Why when I say what cc is. That comment disappears?

The major issue with not using debit cards is that you cannot hire a car. That is the only limitation.

@blackworldtraveler3711

Жыл бұрын

There are other snags with debit cards. Many don't keep enough in their debit card accounts to cover the $150 pre-charge at gas station. You don't want to travel with only a debit card either especially in other countries.

It’s called having a savings account! If someone uses money from your debt card and your pending the refund use the money you have saved to help you while your pending a refund.

@mikojenson4525

9 ай бұрын

Until they decide that they can't recover your money, and then it's gone forever... Or you could just use a credit card, and never lose your money to fraud to begin with.

@ASimoneau

3 ай бұрын

@@mikojenson4525 Until the credit card decides it wasn't a fraudulent transaction. Then you owe the money. And you will pay it.

Oh. And the reward points Dave? Real money.

have had debit card for over 20 years. no issues to date🙏🏾🙏🏾

@carl374

Жыл бұрын

You are fortunate, knock on some wood.

@retrojay86

Жыл бұрын

@@carl374 luckiest SOB ever haha

Are there any reward debit cards.

Meh. My bank has fraud protection. I can even reverse a charge within 90 days if it shows up as fraudulent. If you have issues or your bank doesn't provide protections look for a new bank. Its also important to have more than 1 bank. If you have a temporary issue at 1 you can transfer to the other.

This is a little misleading, if you are running your debt card with all your money in it, and the number gets stolen they aren’t charging your previous purchase amount they typically clean you out so it’s not about being able to afford it.

This isn’t about shaming the victim of a frivolous purchase, it is about if a bad actor wiping out your one and only account. So yes, it would produce justifiable anxiety. Just looking for alternate strategies here, not shame or the blame game. Yes, Dave is on the spot, but the conversation doesn’t have to shift that way.

Things have improved much...but in the bad old days I've been stranded in remote locations because a transaction in a remote area triggered a lock. Trying to get something to eat in Cassagrande AZ at 9pm after a long day in the field was especially frustrating LOL!

I had more issues with credit card than debit card.

Never had a debt card issue

A huge company operating on Debit cards as opposed to an AMEX Black Business Card? Ok...

It’s always 7-10 business days for me

they dont talk about the perks to owning a credit card... like travel health insurance, roadside assistance, rental vehicle insurance..... they arent wrong in what their saying but people who own credit cards need to do some research and learn how to play the credit card game!!!! BURN Baby BURN!!!

These days places like monzo allow you to set up a secondary temporary debit card to make a purchase without someone getting your details, paying on phone with contactless (apply pay or Google pay) carries more protection than using the card directly

I went to isreal and they put a 10k hold on my card for a hotel

I'm baffled that American people can get hit by an unexpected 200-300 dollar loss and that puts them into the red. How the Hell do you sleep at night without being, at the very least, 4 figures in the green at all times?

SORRY but itt can be MUCH worse than $200 on a debit card. A fake or mistaken charge as I had was for $2000 and it took 6 weeks to fix and the card was not usable. Yes, learn to use a single credit card like a debit card and pay it off on time and pay no interest, but the debit card can be a trap,

Never had debit card issues. Period. In 20 years.