Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...
One of my clients was looking forward to a vacation at Disney World earlier this year. They had budgeted, saved, and packed their bags for the airport. They didn’t know that, earlier that week, ...
As the Detroit Free Press recently reported, new debit card scams are popping up and gaining momentum (2). One of the most bizarre ones starts with banking customers being warned that there's a ...
Did you know that debit card fraud is one of the most common types of identity theft? It is a serious problem that affects millions of people every year, and it can happen to anyone at any time.
Debit cards pull cash straight from your checking account, so a single bad transaction can drain real money in real time. I think twice before swiping in certain places, because reporting on dangerous ...
Skimming, in which criminals install discreet devices and tiny cameras on point-of-sale terminals to steal your info, is increasingly common — as I learned the hard way. Money; Getty Images A few ...
Most people don't realize their debit card puts their actual cash at risk every time they swipe it. When fraud hits a debit card, thieves can drain your checking account while you wait days or weeks ...
Debit cards are convenient -- but they're not always the safest choice. Swiped in the wrong place, a debit card can expose your bank account to fraud, delays, or lost protection. While they're fine ...
The FBI reports that card skimming costs financial institutions and consumers (me and you) more than $1 billion each year. And debit cards -- because they're tied directly to your checking account -- ...
Most people swipe their debit card without thinking about risk. It runs through your checking account, it feels secure, and the money moves fast. But "fast" isn't the same as "safe," and a lot of ...
With Target saying its data breach is much worse, here's what to watch for. Jan. 11, 2014— -- intro: Would you give a thief direct access to your checking account? No? Unfortunately, you may be ...
Debit card spending limits are safeguards to help prevent excessive, unauthorized spending in the event your card or account details are stolen. Daily limits vary widely by bank. If you need to make a ...