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Old 09-28-2005, 10:43 PM
cercis cercis is offline
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Default Re: Debit Cards Versus Credit Cards

Quote:
Originally Posted by CRFSaver
I believe you are only liable for 50 dollars from fraud including in your bank account...
This is true for most banks. But you have to ask. And while you're doing that, ask how long it will take to refund disputed funds.

Also, be prepared for large holds when you rent a hotel room or car. They will often place a hold that is double the amount they quote as the charge. They will only charge the correct amount and remove the hold when you check out/return the car, but in the meantime, you have money tied up there. That means you might bounce some checks if you don't have a large enough cushion.
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