The Educ8r Thanks and so-Long
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When you open the account @ the bank request for the Visa/Mastercard logo. This treats the card in the same "sense" of a credit card but not really a credit card. sorta credit card faux.
Because your rights as a debit card holder differs from a credit card holder make sure you guard your on-line debit purchases as best as you can. Make sure the on-line business has a secure ordering system.
From Mary Hunt's newsletter:
Planning to do a little online or mail order shopping this holiday season? I have one very important piece of advice: Do not use a debit card. You’ll understand why when I tell you what happened to Carol D. several years ago.
Late on the Friday after Thanksgiving a stranger went shopping online with Carol’s debit card. To this day she does not know how he got the number, but that’s all he needed. He didn’t need a PIN or any kind of identification to shop his brains out at Target’s online store. He spent thousands of dollars on Christmas gifts, all paid for with Carol’s debit card.
It was more than a week before Carol figured out what had happened. When the bank called to tell her she was overdrawn she was horrified. She knew for certain that she had quite a bit of money in her accounts.
After many terrible hours, it was discovered that someone other than herself had done a lot of Christmas shopping on a holiday weekend when discovery would not be quite so likely. He was right. Not only did he clean out her checking account, but when it became overdrawn the bank automatically tapped into her savings accounts. Only when everything was gone did they contact her.
Had this thug stolen Carol’s credit card and gone on a shopping spree, she could have rested easy. Federal law provides that a credit card customer can be held for no more than $50 liability in the event someone steals it or uses it fraudulently. It is the law. Visa and MasterCard both waive the $50, bringing a card holder’s liability to $0.
Not so with a debit card. Debit cards are regulated by the Electronic Funds Transfer Act, and each bank can interpret how it complies with this much weaker law that regulates debit cards. What you can count on is that unless you report a problem within two days of the event, you can be liable for at least $500. And there is no telling how long it will take your bank to investigate and decide what, if anything, it can do for you.
In Carol’s case, the bank tried to be understanding, but they had no way of knowing if Carol had authorized these charges or if they were fraudulent. She was broke through the holidays while the bank moved at its own pace to investigate. Finally after many months, the bank agreed to restore some of the money that was stolen, but not nearly all of it. Carol came out a big loser.
My advice to you: When shopping online and by mail order, never use a debit card. The risks are just too great. Pay with a credit card and you will have the federal law to protect you against thieves.
Personally I wouldn’t own a debit card. It’s too risky. Someone could get my PIN and card number and clean out my bank accounts in ten minutes flat. Would the bank believe that I didn’t make those purchases? Who knows? And when a situation is that iffy it’s always best to assume the worst.
If you’re a die-hard debit card user, please understand the risks involved. And never use your debit card to buy something long-distance. That’s a problem just waiting to happen. |
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John A
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I have spent a fortune using a debit card online at Amazon. |
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A
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Yes, you can. However, be careful because that money comes right out of your checking account. If you don't keep track, you can take out more than you have and be penalized with TONS of fees! |
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****
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Yes it can |
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zoee_d
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You will be able to if it is also a check card with a credit card logo on it |
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RIGGS
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if you listen to any body listen to me. dont go getting a debit card from a bank or anything like that,the worst thing you can do??????????
get a tuxedo card or quidity card,where no bank details are needed,and you top it up with cash like a pre-paid card for a mobile phone. so you only spend what you have on your card and theres no bank details involved,and theres lots on the net that accept them.....by far the best and cheapest option,not to say the safest. this way....no one will get hold of any bank details, save the debit card from a bank for safer shopping else where. |
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Baz
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You can buy on line with debit card, but you can only take out what you have in. |
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oopiedoopiegirl
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I do it all the time |
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karen w
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they will not issue a card with your name on it because you are a minor. you will have to have an adult on the account and their name will be on the card; it will be up to their discresion to let you use it online or elsewhere. |
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allthecolours93
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YES you can |
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▒♥▒♥▒♥▒♥▒™
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Yes, you can use a debit card just like you could a credit card to purchase items online. |
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Gigi
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Yes, as long as your debit card has a Mastercard or Visa, etc . emblem on it, you can use it just like a credit card online. |
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titou
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Yes, if it has a credit-card logo on it. Hopefully the card belongs to you. If not, don't kid yourself. It's not "Virtual Theft", but plain old stealing, and the same laws apply. |
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jolly12
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yup u can use debit card |
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Pill Popper
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yes, just say it is a credit card (only when asked online) and if you going on ebay i would use paypal (you have to be 18, but i am 14 too and i use it fine) |
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♫ Harri ♫
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Yeah you can use it the same as a credit card and also sign up to paypal with it. |
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Michele~ 30 weeks with my first!
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Yes. |
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Guardian Angel
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Sure you can but not all online payments will work. Ask your bank first. |
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nemesis
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Yes it can but I do not think you will be allowed one at 14 yrs and you do need an income. |
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jamie
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yep i do all the time mate. sign up to paypal to most site us it and i find it much safer.
good luck |
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troubled
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yes you can but i strongly suggest you check with your parent's first credit or debit can sometimes get you messed up if you only have a little knowlege of how to use them.
Good Luck |
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shubhangi178
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how do i knw!!!!!!!!
hahaha
lol......... |
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Danny
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Yes you can. Be very careful who has access to your card or they can too. Visa has a way to create a special password that can only be used for one purchase. That way, if someone tries to use it again, they are out of luck.
usa.visa.com/personal/security/vbv/ind... |
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Jarod C
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yes, just make sure your bank issues a debit card with Master Card or Visa logo, then it works just like a credit card without interest. |
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Harold Sink
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If the debit card has a credit card logo on it then yes you can purchase items online. Just keep track of what you are spending. |
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barryjones_2003
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yes you can but I'm not trying to insult you but make sure theirs a adult there to help |
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flikapotamus
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yes but be careful, make sure you have great security on your computer !! if unsure dont use it, too many scammers |
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**Caitlin's Mummy***
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Yes you can, just be carefull as to what sites you are putting your details onto though!!
I thought debit cards were only availible for people 18+ before you had to get cash point cards or solos..?? i might be wrong, you'll have to check with your bank..!! |
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scrambulls
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Yes but be EXTREMELY careful check out the vendor payment options etc etc and never never put any part of your card/bank details online unless you are certain you are on a secure site! |
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having a franz off(permanently)
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yeah its just like being in a virtual shop when you there will probably be a list of card accepted and stuff for more info e-mail shops where you buy from |
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Bluefox650
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Yes...a variety of websites accept all debit cards! |
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