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Non GAA Discussion => General discussion => Topic started by: Denn Forever on December 09, 2019, 05:50:45 PM

Title: Credit cards vs Debit cards. Equal protection?
Post by: Denn Forever on December 09, 2019, 05:50:45 PM
I know if you pay for goods with a Credit card over the internet and you don't get the goods you are protected.  Does the same happen if you use a Debit card?  Am I hoping in vain?
Title: Re: Credit cards vs Debit cards. Equal protection?
Post by: playwiththewind1st on December 09, 2019, 06:01:00 PM
Generally the case that credit cards come with slightly superior consumer protection than debit cards.
Title: Re: Credit cards vs Debit cards. Equal protection?
Post by: Main Street on December 09, 2019, 07:15:33 PM
https://www.moneyadviceservice.org.uk/en/articles/how-youre-protected-when-you-pay-by-card#debit-card-payment-protection-and-chargeback (https://www.moneyadviceservice.org.uk/en/articles/how-youre-protected-when-you-pay-by-card#debit-card-payment-protection-and-chargeback)

 
Title: Re: Credit cards vs Debit cards. Equal protection?
Post by: LeoMc on December 11, 2019, 09:59:03 AM
I always consider that when using a Debit card you are giving a direct link to your money in your bank account. When using a Credit card you are giving a link to Visa or Mastercards money. The Credit card companies are more concerned about protecting their money than your bank is in protecting you.
Title: Re: Credit cards vs Debit cards. Equal protection?
Post by: JohnDenver on December 11, 2019, 10:34:01 AM
Almost sure that even if you pay a small portion of the total amount on credit card, that the full purchase is protected.  don't think you have the same protection with debit cards unless it's bank specific.