Re:Can the Visa-Mastercard duopoly be broken?
by 988747 on Thursday August 18, 2022 @08:14PM
(#32516337)
With credit cards the disputed charges will still decrease your credit limit, no? So the functional difference is much smaller than you think.
[ Parent
| on HN ]
Re:Can the Visa-Mastercard duopoly be broken?
by magicalhippo on Friday August 19, 2022 @06:05AM
(#32519217)
And unlike a credit card, it's easy to vary the risk/limit with a debit card. Just keep the main funds on a separate, non-card accound, and transfer to the debit card account as needed.
I usually keep around $200 on my debit card, which means I lose at most $200. This way I also get a sense of my spending in terms of how often I have to transfer.
If I need to pay for more, I just transfer before paying. Takes me about 2 seconds with an SMS or through the bank app.