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CatWings64 t1_ius01hf wrote

Another friendly PSA : This is why it's best to always pay with credit cards instead of debit cards. I mention this because so many people pay with debit. At least with credit cards, it's the bank's money and the bank will likely wipe the charges. When a debit card is compromised, it's your money that was spent. Good luck getting that back in a timely manner, if at all.

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Mother-Dragonfly7595 t1_iuticef wrote

I would think technically it’s not the bank’s money but your money + other people’s money? Your deposits but I do agree with you on your PSA though. Never used my debit cards for purchases. Except for that darn one restaurant which doesn’t accept credit cards.

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a_trane13 t1_iutrfy3 wrote

Credit means a creditor is literally lending you their money. They have enough cash flow and assets to borrow against to do that. Same as a house or car loan.

Debit cards spend money that is specifically yours, held by the bank.

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