This is why i am afraid of debit cards

I do a lot of INTERNET shopping – when they make an error and forget to take your coupon off etc. your act is debited and your cking acct is out the money until you can get is straightened out. with my MC i just call MC and they will not pay those people and will credit me if they don’t straighten it out I also used one at my superfresh and somehow on my bank statement they had debited an extra $200 – here one day their machines were down and they hand copied a persons debit card number but accidentally keyed mine in when thet keye dit in. thank goodness i had the 200$ extra in my acct or a slew of cks would have bounced- causing me all kids of late fees- bounced ck fees and of course the aggravation of trying to get that money back along with my 200$ – i knwo they work for alot of people butthey are just to scary for me – since they are directly into my cking acct.

I had a magazine company that i ordered from last year but over $60 worth of charge son my cc this month they said when i called that they automatically renew each year – this was not on their site at the time i ordered and i was not notified of this – of course my MC and probably even the Visa that work with teh debit card removed them and i also called the company – but what if i had made a ck out that needed $20 of that $50 in it and i was not yet in possession of my account statement and i had no idea i had just overdrawn my acct.

I would just be a nervous wreck

It looks like I follow the Dave Ramsey method a little closer. I don’t write checks. Haven’t written one in almost 2 years–for anything. I pay my all my bills that arn’t fixed [same amount every month] with cash or money order. The fixed bills that offer directly credit card billing I have charged to my debit card, but that’s it.

Thanks for the input and encouragement

I think I’ll request a debit card from our bank. I picked up the application a while ago, but was slightly offended by my bank’s monthly fee for having one….(only a dollar a month but oh, they make me so mad sometimes….) Come January, I should have about 3 months’ living expenses in savings. At that point, given a few month trial run with the debit card, I’ll look at this decision again. We have a business trip to Seattle in November which should test everything nicely.

I am also thinking that Tonya’s idea to lower my credit limit is an excellent idea. I lowered one card to use on the net – I figured any fraud would be quickly curtailed by the low limit, but left the other “main” card at the limit as given by the company. Who would just love for me to run it up…..a few years back when we were using the credit card waaayyy too much – (moving, new job, new house etc), they just kept raising my limit.

It’s funny because I almost think that they have psychologists on staff. I had a “comfort zone” of keeping the balance at about half of the total limit–didn’t seem like I was out of control if I wasn’t near “max”. And it sure seemed that they recognized that…..half of a thousand isn’t that much but half of 15,000 sure is.