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post #10 of Old 06-25-2006
sailingdog
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Quote:
Originally Posted by PBzeer
I use the Visa check card through my bank, which has online banking, so I can keep a check on my account. It uses the PIN as a debit card, and also works as a credit card. Since I'm on a budget, I can't overspend, since I can only access my balance, and no monthly bill for charges. For me, it seems to combine the best of both.
A "Visa Check Card" is a DEBIT card, not just an ATM card...and is often subject to the issues I mention above. It uses your PIN for certain transactions on the DEBIT card network and for use as an ATM card, but it can be used like a credit card, without most of the protections of a credit card.

You'd be better off getting a no-fee credit card and then using on-line banking to pay the card off immediately. Credit cards give you a good deal more protection than DEBIT cards—especially if you're on a limited budget.

Sailingdog

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Telstar 28
New England

You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.

—Cpt. Mal Reynolds, Serenity (edited)

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