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In order not to penetrate your bank account .. Do not use your bank card in this business

2019-09-30T11:25:13.588Z



Using a debit card, also known as a debit card, is an easy way to make a purchase in case you don't have cash, but experts have warned it to be used in some places because it puts your bank account at risk of hacking.

In this report, published in the American magazine "Reader's Digest" in its Canadian edition, writer Jane McCaffrey addressed the cases where the use of this card should be avoided.

According to Leslie Tyne, a financial lawyer and author of Life and Religion: A New Approach to Financial Wellness, a debit card is a useful way to carry out routine financial transactions, and if you want to reduce your expenses, it gives you the opportunity, For large purchases, credit cards are usually the best solution because they will give you more protection.

However, the risk of using debit cards is likely to be much greater than the risk of fraud. Kimberly Palmer, a personal finance expert at Nerd Walt, explained that using a debit card to make a purchase is a bad idea. Automated or just a bank.

By using a debit card, you will miss out on the rewards you can earn by buying items using a credit card. Here are cases where a debit card should not be used.

Experts warn against using debit cards in unknown places (communication sites)

Rent a car
The car rental services often freeze money in your account when you use your debit card, Tyne explained. You won't be able to use the money while using the car, but it's not a problem if you have a lot of money in your bank account. This results in payoff checks and overdrafts if you do not.

Traveling abroad
People who travel abroad often acquire items from unfamiliar places, precisely for this reason that Tyne recommended that her daughter allocate a different debit card associated with a bank account that has a limited amount of money to acquire such things. Associated with most of its money.

When traveling abroad, it is recommended that you do not use your debit card at unknown locations (Pixabee)

Online shopping
Using your debit card for purchases from websites can put your account at risk, and when you detect fraud, it will be difficult to rectify if you use a debit card instead of a credit card.

In this regard, Palmer reported that although banks are still adopting the protection policy of the debit card, the fraudster is able to withdraw all your money before you realize that your card has been compromised.

This situation poses a great danger to people because they usually use their bank accounts to pay for all kinds of purposes, such as utility bills, mortgages and even rent.

Hotel accommodation
When you use a debit card in hotels, employees often also freeze money according to how long you spend at the hotel, not to mention some extra money in case of other charges.Tyne has shown that this may definitely affect your ability to use the account to cover other expenses.

Hotel staff often freeze your money according to the time you spend at the hotel (communication sites)

Earn points
Palmer reports that using a credit card enables you to earn rewards on all purchases you have, but the situation is different when using a debit card. So if you're trying to earn rewards, you'll need to use a credit card with all these privileges.

Boost your credit balance
The value of purchases made with debit cards is not counted in your credit balance. When you buy items using your credit card and pay your balance every month, this helps you to boost your balance.

Commit to your budget
While opinions differ on this approach, it may be easier to organize your budget with a credit card because it lets you easily see all your daily expenses in one place.

Source: aljazeera

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