As the Detroit Free Press recently reported, new debit card scams are popping up and gaining momentum (2). One of the most bizarre ones starts with banking customers being warned that there's a ...
Debit cards ranked as the top payment method for both attempted fraud and actual dollar losses in 2024. Consumers increasingly must realize that con artists are often impersonating banks, government ...
In case you hadn’t heard, Bank of America announced that, beginning in 2012, it was going to begin charging $5 per month for account holders who used their debit cards for retail transactions. The ...
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The financial protection benefits of paying with credit versus debit when making purchases
Most people don't realize the massive difference in protection between credit and debit cards when making purchases. While they seem interchangeable, using a debit card exposes your entire bank ...
Debit cards pull funds directly from your bank account when making purchases or withdrawing cash. Setting up a PIN and monitoring account balances via mobile apps helps avoid overspending and fees.
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