alt Hacker NewsI don't think it's primarily about being scared of debt, it's just a weird, unnecessary step in-between. I have a credit-card and even I don't understand why I should prefer it over my debit card
I don't think it's primarily about being scared of debt, it's just a weird, unnecessary step in-between. I have a credit-card and even I don't understand why I should prefer it over my debit card
Setting weird rewards/cash back things aside, which is the main incentive for folks to use it over debit card in most places:
It's not fully unnecessary step in-between when fraud is involved.
If someone hacks you/deceives you and somehow they got $5000 from your debit card, then your bank account is $5000 smaller. That can impact your ability to pay rent, or whatever you needed those $5000 for.
If it's via credit card, you have a decent amount of time to contest and resolve the issue.
the disputed amount should effectively be removed from your balance or offset by a temporary provisional credit until the investigation is completed