Comments on: Fraud: Debit Card "theft" http://www.canajunfinances.com/2006/02/09/fraud-debit-card-theft/ Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View Fri, 09 Jan 2009 21:45:58 +0000 http://wordpress.org/?v=2.7 hourly 1 By: tmwhalens http://www.canajunfinances.com/2006/02/09/fraud-debit-card-theft/comment-page-1/#comment-259 tmwhalens Sat, 25 Feb 2006 01:19:00 +0000 http://www.canajunfinances.com/?p=203#comment-259 I wonder why PNC Bank has been trying to get my wife and I to sign our name on every purchase instead of using our pin. PNC Bank says that signing our name on purchases costs them less than us signing our name. Is this true? PNC Bank is pitching the "you can earn points with your purchases by using our debit card". Again, I'd like to know why they're pushing the debit card so hard. Having said all that, I'm becoming leery of using our debit cards. Would be better off, budgeting advantages aside, using cash to make purchases that normally a debit card could be used for? I wonder why PNC Bank has been trying to get my wife and I to sign our name on every purchase instead of using our pin. PNC Bank says that signing our name on purchases costs them less than us signing our name. Is this true? PNC Bank is pitching the “you can earn points with your purchases by using our debit card”. Again, I’d like to know why they’re pushing the debit card so hard. Having said all that, I’m becoming leery of using our debit cards. Would be better off, budgeting advantages aside, using cash to make purchases that normally a debit card could be used for?

]]> By: Anonymous http://www.canajunfinances.com/2006/02/09/fraud-debit-card-theft/comment-page-1/#comment-249 Anonymous Thu, 09 Feb 2006 18:16:00 +0000 http://www.canajunfinances.com/?p=203#comment-249 There's a few main things you can do to protect yourself.<br/><br/>Cover your pin, ALWAYS. That's why it says right on the machine.<br/><br/>Here in Halifax though, organized crime repalced the whole front plate of a major machine and it actually had fake buttons to grab your pin. Nothing's 100%<br/><br/>Use cash or credit card. I'm sick of debit fees anyway, I just carry small amounts of cash. A credit card is better to use because your are not liable if it's stolen, not always true with a bank card (though they usually will). There’s a few main things you can do to protect yourself.

Cover your pin, ALWAYS. That’s why it says right on the machine.

Here in Halifax though, organized crime repalced the whole front plate of a major machine and it actually had fake buttons to grab your pin. Nothing’s 100%

Use cash or credit card. I’m sick of debit fees anyway, I just carry small amounts of cash. A credit card is better to use because your are not liable if it’s stolen, not always true with a bank card (though they usually will).

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