Thread: Debit cards
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Old 10-17-2006, 04:01 PM
Gruntina Gruntina is offline
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Default Re: Debit cards

Quote:
Originally Posted by gavinmccallister
I have heard that when a retailer processess a card as a debit card the bank pays the processing fees, and when it is run as a credit the retailer pays the processing fee. and I have heard some banks are including the fee for processing the debit onto the customers statement. so you should verify with your bank and make sure they aren't charging you a fee.

I have seen alot of retailers pushing the debit function to save the processing cost

Wendy's in my area consider Debit charge to be an "ATM" function even though it’s at the cashier register. They put additional charge on the debit card as a service fee. I think any aspects needs to be watched out for and use your best judgment on whether using Debit or Credit for each purchase.
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