Re:Debit cards are hidden financial infrastructure
by CrazyStat on Friday November 12, 2021 @10:39PM
(#29207167)
Neither my debit nor credit card allows the first, as far as I know, and both allow the second.
Perhaps these are advantages of the particular debit card you have over the particular credit card you have. I don't think they are general.
Re:Debit cards are hidden financial infrastructure
by jjav on Saturday November 13, 2021 @01:41AM
(#29207933)
You can set up email alerts on every transaction for credits cards in many banks. Probably not all.
On the fraudsters, with credit cards the limit you'll be liable is generally $0 ($50 in rare cases), by law (regulation).
* Debit card allows to set granular spending limit (e.g. $100 per day). So you can protect the potential amount that a fraudster can spend with your card.
* You can set it up to send transaction details via email on every purchase. This is a lot more convenient than, say, checking the credit card statement at the end of every month.
I actually prefer using debit cards for daily expenses. For me, credit card is almost exclusively for online purchases.