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Credit card or Debit card safer ?
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<blockquote data-quote="eyepea" data-source="post: 8220793" data-attributes="member: 200324"><p>Which is safer? Credit card or Debit card W.R.T criminals and electronic payment systems etc?</p><p></p><p>Of course with both cards, if you loose it, a thief may be able to use it until you inform the loss to the bank. What about the card information being stolen to duplicate a card etc? Then one may not know about it. </p><p></p><p>Well, in a debit card, your bank account is debited immediately. But in a credit card, there need not be any link to your bank account. So does it mean that a criminal who has information of your debit card would be able to access your account electronically and debit funds?</p><p></p><p>More and more people use debit cards as the government continues to discriminate and tax credit cards.</p><p>I was wondering whether to switch to debit cards but have doubts after hearing debit cards may be less safe than credit cards.</p><p></p><p>What are your thoughts on this ?</p><p></p><p>Thanks</p></blockquote><p></p>
[QUOTE="eyepea, post: 8220793, member: 200324"] Which is safer? Credit card or Debit card W.R.T criminals and electronic payment systems etc? Of course with both cards, if you loose it, a thief may be able to use it until you inform the loss to the bank. What about the card information being stolen to duplicate a card etc? Then one may not know about it. Well, in a debit card, your bank account is debited immediately. But in a credit card, there need not be any link to your bank account. So does it mean that a criminal who has information of your debit card would be able to access your account electronically and debit funds? More and more people use debit cards as the government continues to discriminate and tax credit cards. I was wondering whether to switch to debit cards but have doubts after hearing debit cards may be less safe than credit cards. What are your thoughts on this ? Thanks [/QUOTE]
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