News for hackers. Stuff that matters.
Re:Why are credit card rates so high? by abdullahkhalids on Tuesday April 01, 2025 @06:52PM (#43552118)
Fraud protection is inherently better for credit cards, because you haven't spent your money. The bank has spent the money, and you don't have to pay the bank if someone defrauded the bank. So the bank has every incentive to get the money back. Not so with debit. You spent your own money.

There are no comments on this comment yet.