4 Places Not to Use your Debit Card
Written by Kevin Craig
Security of debit card is low when compared with credit card. As debit card is directly connected with the bank account therefore it becomes a prime target for thieves everywhere. If they get hold of any information then they can exhaust both your checking and your savings account. This article would suggest four places where it would advice not to use your debit card.
Avoid using your debit card in these four places:
1. Online transaction:
Online shopping has become quite popular in recent time. It’s a misfortune that people are falling prey to many websites associated with scam. Your bank account would be completely drained out once you pass on the information to the respective website. While online shopping you should avoid using debit card rather use credit card for it. If you are keen to stop the frauds from draining your accounts then opt for a prepaid card.
2. Travel Expenditure:
Both hotels and gas stations are not resistant to hackers therefore many branded hotels have suffered this kind of issue. So avoid using a debit card while traveling because you might be left with no cash. As these frauds might get hold of the card number and exhaust your bank account. Prefer to use a credit card to pay off the hotel bills when you travel.
3. Avoid using debit card at restaurants:
At the time of paying bills in a restaurant you have to part with your card for several minutes you can expect some unfavorable thing at this moment. Within that span of time the server can online purchase or order for stuffs over phone before he plans to return the card to you. So try to use cash when you are paying restaurants bills.
4. Paying your recurring bills:
When you make payments for your recurring bills you need to sign during transaction there are many companies that might keep your card number and your detail financial information. Your financial information might get leak out if the company gets hacked. Therefore you need to be careful while paying your bills.
About the author:
Kevin Craig is a financial advisor and has given advices on credit card debt settlement.
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