Have a bank account in the USA? Probably want to read this. - GoFuckYourself.com

seeric · 03-10-2011, 04:47 PM

http://money.cnn.com/2011/03/10/pf/d...limit/?npt=NP1

Declined! Your debit card may soon be denied for purchases greater than $100 -- or even as little as $50.

JPMorgan Chase, one of the nation's largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of the proposal.

Why? Click the link.

FYI.

AaronM · 03-10-2011, 04:52 PM

I'm gonna go out on a limb here and say that this is never gonna happen. Not that low.

Barefootsies · 03-10-2011, 04:53 PM

Quote:

Originally Posted by AaronM

I'm gonna go out on a limb here and say that this is never gonna happen. Not that low.

True dat. It sounds like more spin doctoring, and any bank doing it as a lone wolf will find that their customers will flee to other banks. I can also assure you credit unions will not follow suit.

woj · 03-10-2011, 04:58 PM

even if it happens, so what? unless you have terrible credit, credit cards are way better then debit cards...

seeric · 03-10-2011, 04:58 PM

Credit union is a safe bet. I don't know what the banks will do, but one thing is for sure. They are thinking of their profits, not you or I as a customer.

I am moving all my funds and accounts to USAA this week anyhow.

Seth Manson · 03-10-2011, 05:02 PM

Quote:

Originally Posted by woj

even if it happens, so what? unless you have terrible credit, credit cards are way better then debit cards...

Have you forgot that we are in a recession and a lot of people have had their credit destroyed lately?

Or maybe you blame all of the declining sales on tube sites. Yeah people not having credit cards anymore have had nothing to do with it, its all the tube site's fault.

AaronM · 03-10-2011, 05:13 PM

Quote:

Originally Posted by woj

even if it happens, so what? unless you have terrible credit, credit cards are way better then debit cards...

I haven't used credit cards for almost 9 years.

woj · 03-10-2011, 05:14 PM

Quote:

Originally Posted by Seth Manson

Have you forgot that we are in a recession and a lot of people have had their credit destroyed lately?

Or maybe you blame all of the declining sales on tube sites. Yeah people not having credit cards anymore have had nothing to do with it, its all the tube site's fault.

I'm not visualizing how $100 limit on debit cards will effect anyone in the porn industry... can you clarify how that new limit could effect anyone here?

woj · 03-10-2011, 05:16 PM

Quote:

Originally Posted by AaronM

I haven't used credit cards for almost 9 years.

Why not? what are some advantages of using a debit card over a credit card?

seeric · 03-10-2011, 05:18 PM

Couple things about credit cards Vs. debit cards

1) no interest on debit cards. fuck paying interest on anything. i am liquid. i have the cash. i wouldn't buy anything but cars and houses with credit.

2) no one carries tons of cash anymore, unless you are a pretend baller with a hundy wrapped around 20 different smaller bills. debit cards are immensely convenient. and you can run them as credit, which protects you and the the things you buy.

3) credit cards are ruined for people who are very money smart. i wouldn't touch any of the new credit card offers. they're sucker cards.

This is just another way for the banks to profit and prey on the people who are the most cash strapped.

If I missed anything feel free to list.

Wizzo · 03-10-2011, 05:19 PM

It would be for Debit Purchases only, you still could make credit purchases with your debit card for over that limit. Which I do anyway to collect airline miles.

woj · 03-10-2011, 05:22 PM

Quote:

Originally Posted by seeric

Couple things about credit cards Vs. debit cards

1) no interest on debit cards. fuck paying interest on anything. i am liquid. i have the cash. i wouldn't buy anything but cars and houses with credit.

2) no one carries tons of cash anymore, unless you are a pretend baller with a hundy wrapped around 20 different smaller bills. debit cards are immensely convenient. and you can run them as credit, which protects you and the the things you buy.

3) credit cards are ruined for people who are very money smart. i wouldn't touch any of the new credit card offers. they're sucker cards.

This is just another way for the banks to profit and prey on the people who are the most cash strapped.

If I missed anything feel free to list.

1 + 3 are pretty weak reasons, as long as you have some financial discipline you wouldn't pay any interest on credit cards anyway... (as long as you pay your balance off each month)

AaronM · 03-10-2011, 05:32 PM

Quote:

Originally Posted by woj

Why not? what are some advantages of using a debit card over a credit card?

No debt.

If I can't afford it, I don't buy it.

AaronM · 03-10-2011, 05:33 PM

Quote:

Originally Posted by Wizzo

It would be for Debit Purchases only, you still could make credit purchases with your debit card for over that limit. Which I do anyway to collect airline miles.

Good point. I do the same with both Alaska and United debit cards.

AaronM · 03-10-2011, 05:35 PM

Quote:

Originally Posted by woj

1 + 3 are pretty weak reasons, as long as you have some financial discipline...

ANY sort of discipline is much easier when temptation is removed.

blackmonsters · 03-10-2011, 05:36 PM

Quote:

Originally Posted by seeric

http://money.cnn.com/2011/03/10/pf/d...limit/?npt=NP1

Declined! Your debit card may soon be denied for purchases greater than $100 -- or even as little as $50.

JPMorgan Chase, one of the nation's largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of the proposal.

Why? Click the link.

FYI.

You ever notice all the "check cashing" store fronts that seem to be popping
up all over the place?

I think a move like this will just make more of these places pop up.
The check cashing business is just snatching up whatever business that banks
don't want. These places already sale "debit cards".

The only thing these places don't do yet is give out checking and saving accounts.
Interesting that nobody accepts checks anymore and nobody has any savings.

I see a future in "Store Front Banking".

Introducing "Cash Monkey" : The Multiplexing Debit Card :

- The customer has 3 bank accounts with debit cards
- Cash Monkey will be used for the purchase
- Cash Monkey will split the charge amongst the customers 3 debit cards

Thus making a $50 limit into a $150 limit.

Cash Monkey! Join Now!

VikingMan · 03-10-2011, 05:41 PM

No worries, the sloths can just whip out their "gubment" debit cards when their other ones fail.

seeric · 03-10-2011, 05:58 PM

Quote:

Originally Posted by woj

1 + 3 are pretty weak reasons, as long as you have some financial discipline you wouldn't pay any interest on credit cards anyway... (as long as you pay your balance off each month)

That's not true.

How much do you know about USA credit card offers?

Seth Manson · 03-10-2011, 05:59 PM

Quote:

Originally Posted by woj

I'm not visualizing how $100 limit on debit cards will effect anyone in the porn industry... can you clarify how that new limit could effect anyone here?

Just like AaronM, I dont have credit cards. Dont need credit cards with a 6 figure income.

Home and vehicle are all I have financed, and didnt really need to finance the vehicle.

I have a $5000 daily limit on my debit card and I wont like that being reduced at all.

Sure, using it as a credit card works fine and racks up reward points. But it costs merchants more to process credit vs debit, and once you take the debit option away the merchants are going to raise their fees to cover their loss. In the end, the consumers get fucked. Like always.

Pretty much the only time I use my debit card and its less than $100 is for lunch or gas.

seeric · 03-10-2011, 05:59 PM

Quote:

Originally Posted by AaronM

No debt.

If I can't afford it, I don't buy it.

Exactly. If more Americans had lived like you and I we wouldn't even have a recession. And that is a fact.

RyuLion · 03-10-2011, 06:05 PM

We keep most of our cash in a huge safe in our house. nuf said.

woj · 03-10-2011, 06:30 PM

Quote:

Originally Posted by seeric

That's not true.

How much do you know about USA credit card offers?

probably more than an average person... some are shady, many are not, just need to read the fine print and spend within your means and you will be fine...

99.9% of problems people have with credit cards are due to spending more than they can afford to pay...

PStarks · 03-10-2011, 06:32 PM

reward cards are where it is at. I make about 700 bucks a year on misc rewards across my credit cards and pay off my balance weekly to avoid EVER paying interest. You can not go wrong with 1%~5% cash back on every dollar you spend. Just think about the good old days before the credit crunch when some people lived off exploiting credit reward deals. I have know people that used to get paid 1000 bucks a month just for using some reward cards the smart way.

A credit card is a tool just like a hammer. You build a house with it or break every finger on your hand if you have no skill to use it. Just treat it like a 3 week loan you took out with the local shark and PAY it! If you funnel your cash through cards you get nice savings

seeric · 03-10-2011, 06:32 PM

Quote:

Originally Posted by woj

probably more than an average person... some are shady, many are not, just need to read the fine print and spend within your means and you will be fine...

99.9% of problems people have with credit cards are due to spending more than they can afford to pay...

Bingo. Basically what I was saying. Lot's of really deceptive offers being mailed to people now too through the US Mail. People are getting sucked in all over. A whole new wave of morons tainting our financial system.

seeric · 03-10-2011, 06:34 PM

Quote:

Originally Posted by PStarks

A credit card is a tool just like a hammer. You build a house with it or break every finger on your hand if you have no skill to use it. Just treat it like a 3 week loan you took out with the local shark and PAY it! If you funnel your cash through cards you get nice savings

Fantastic analogy.

Grapesoda · 03-10-2011, 06:35 PM

Quote:

Originally Posted by AaronM

I haven't used credit cards for almost 9 years.

4 for me

mynameisjim · 03-10-2011, 06:35 PM

lol. This is just more pushback tactics by industries that don't want reform. It's a warning to leave them alone.

When health care laws are passed, the health insurance companies raise rates and send out a press release about it to make sure everyone hears about it. Who sends out a press release when they raise rates 30%?

Same here, they are trying to prove that they will turn any sort of reform into a hassle for consumers. So next time anyone brings up reform, they can point to this example.

Old ass tactic and it's a way to make Americans adverse to reform. This is why compromise style reforms never work, because it leaves loopholes.

woj · 03-10-2011, 06:36 PM

Quote:

Originally Posted by Seth Manson

But it costs merchants more to process credit vs debit, and once you take the debit option away the merchants are going to raise their fees to cover their loss. In the end, the consumers get fucked. Like always.

that's what happens when you meddle with free markets...

everything was working fine for decades and then some politician thought it will be a good idea to put price ceilings on debit card fees... banks will find a workaround for it and like you said consumers will probably get fucked...

PStarks · 03-10-2011, 06:50 PM

Oh dear lord you lost me with this "free" market myth... It is only "free" to the people that have enough money to lobby for laws in their favor... funny how that works out isn't it?

alias · 03-10-2011, 06:59 PM

Quote:

Originally Posted by mynameisjim

lol. This is just more pushback tactics by industries that don't want reform. It's a warning to leave them alone.

When health care laws are passed, the health insurance companies raise rates and send out a press release about it to make sure everyone hears about it. Who sends out a press release when they raise rates 30%?

Same here, they are trying to prove that they will turn any sort of reform into a hassle for consumers. So next time anyone brings up reform, they can point to this example.

Old ass tactic and it's a way to make Americans adverse to reform. This is why compromise style reforms never work, because it leaves loopholes.

This makes sense.

fuzebox · 03-10-2011, 07:01 PM

Funny that the article is about Chase, as they allowed $1k to be stolen from my account using my debit card

Screwed Up · 03-10-2011, 07:58 PM

I'm pro debit cards.
But fuck, recently I had problems charging flight tickets (on the phone) and hosting (recurring) to my debit card because of this Verified By Visa crap. Since they don't have the pin number it seems they cant bill it...

AaronM · 03-10-2011, 08:07 PM

Quote:

Originally Posted by Screwed Up

I'm pro debit cards.
But fuck, recently I had problems charging flight tickets (on the phone) and hosting (recurring) to my debit card because of this Verified By Visa crap. Since they don't have the pin number it seems they cant bill it...

Yeah, that Verified by Visa crap sucks.

Vendzilla · 03-10-2011, 08:12 PM

I had a problem renting a car with a debit card once, but other than that, I'm getting rid of my credit cards.

AaronM · 03-10-2011, 08:14 PM

Quote:

Originally Posted by Vendzilla

I had a problem renting a car with a debit card once, but other than that, I'm getting rid of my credit cards.

PayPal business debit card gets around that most of the time.

Also, most rental car companies will rent to non-locals with a debit card if they have a return flight, train, bus ticket.

Kiopa_Matt · 03-10-2011, 08:33 PM

From the article:

Quote:

"Banks just can't seem to catch a break."

Yeah, that $18 billion in profit JP Morgan Chase makes every year must be really rough. Tough times, indeed.

The delusional greed and arrogance of some people like this amaze me. Gee, so you're only going to profit $17.5 billion next year instead of $18 billion. If I were you, I'd find ways around government legislation so I could continue raping and pillaging everyone too.

fuzebox · 03-10-2011, 08:41 PM

Quote:

Originally Posted by Vendzilla

I had a problem renting a car with a debit card once, but other than that, I'm getting rid of my credit cards.

Enterprise is very debit card-friendly

Due · 03-10-2011, 08:46 PM

Quote:

Originally Posted by Kiopa_Matt

From the article:

Yeah, that $18 billion in profit JP Morgan Chase makes every year must be really rough. Tough times, indeed.

The delusional greed and arrogance of some people like this amaze me. Gee, so you're only going to profit $17.5 billion next year instead of $18 billion. If I were you, I'd find ways around government legislation so I could continue raping and pillaging everyone too.

It's a business, if you take away 1 billion from someone, obviously they are going to bitch about it. I really doubt any sane person would say "ohh well, I didn't really need it anyway"... And in case they didn't bitch, I certainly didn't wanna put my money under their control

Elli · 03-10-2011, 09:21 PM

I've always used debit cards. It saves me carrying cash and it takes the money right out of my bank account. No fuss, no muss, and I have a no fee account, so I'm not dinged to use the card. It's simply a method of transaction. I don't really understand all the fuss the States is having with these cards.

Supz · 03-10-2011, 09:46 PM

They kind of want you to use your card as credit now anyway. They give you points for credit transaction on your bank card.

Is this is DEBIT transactions only, where you have to put in your pin, or credit swipes on your bank card as well?

glowlite · 03-10-2011, 10:38 PM

Consumers will push back, merchants will push back.
When a merchant hangs out a sign that says "J.P.Morgan/Chase cards not accepted" it will end.

Contrary to popular belief, the bank needs merchants and customers.
NOT the other way around.

That's assuming it ever starts to begin with.

Kiopa_Matt · 03-10-2011, 10:46 PM

Quote:

Originally Posted by Due

It's a business, if you take away 1 billion from someone, obviously they are going to bitch about it. I really doubt any sane person would say "ohh well, I didn't really need it anyway"... And in case they didn't bitch, I certainly didn't wanna put my money under their control

Or instead of complaining, they could have spun this in their favor. Put out a press release saying they agree with the changes, are here to help the individual merchant and consumer, and help make things fairer. Everyone decides they're a good bank, they pickup some extra clients, and help recoup the losses.

woj · 03-11-2011, 07:24 AM

Quote:

Originally Posted by Kiopa_Matt

Or instead of complaining, they could have spun this in their favor. Put out a press release saying they agree with the changes, are here to help the individual merchant and consumer, and help make things fairer. Everyone decides they're a good bank, they pickup some extra clients, and help recoup the losses.

fairer? Who is there to judge if 12 cents per transaction or 25 cents per transaction is fair? certainly not you or some politician... if you feel the fee is not fair, then don't use it, it's not like anyone is forcing anyone to use debit cards...

How fair would it be if someone decided that porn membership's "fair" price is $10/month and you can't charge more than that? or that you can't charge more than $25/hr for your work?

They'll start targeting cell phone companies telling them that 10 cents per SMS is not fair, that 2 cents is more fair? or that paypal can't charge 2.9% fee, that 0.9% is "fair"? wtf are you guys smoking?

"fair" is charging whatever you want and letting the customers decide if that price is fair...

u-Bob · 03-11-2011, 07:32 AM

Quote:

Originally Posted by AaronM

If I can't afford it, I don't buy it.

Same here.

Sly · 03-11-2011, 07:34 AM

Credit card only for 7+ years with no problems. Free loan for a month, better protection, no bank error throwing an overdraft at me, points program, etc. etc. etc.

There is no advantage to debit except personal comfort and personal safety.

rayadp05 · 03-11-2011, 07:35 AM

Fuck 'em.

I always use cash.

DWB · 03-11-2011, 07:37 AM

Quote:

Originally Posted by AaronM

No debt.

If I can't afford it, I don't buy it.

I'm with you. Cut up my cards years ago. If I can't buy it in cash, I pass. That includes large purchases.

I'm not going to play the game again. No thanks. Been there, done that. Debt free is the only way to live.

DWB · 03-11-2011, 07:38 AM

BTW... I also get points on my debit cards that I use for air travel. 1 mile for every $1 spent.

fatfoo · 03-11-2011, 07:40 AM

A lot of banks are capping debit cards with limits on number of transactions a month, dollar amount for each transaction, etc. It could make sense to withdraw paper cash dollar bills from the teller and use it to make many small purchases. In recent news, Canada is considering making plastic dollar bills with more security features to avoid counterfeits. The Bank of Canada will begin circulating its first plastic money in November, a new $100 bill made from a special polymer that will replace the cotton-paper blend used to make Canadian existing currency.

NetHorse · 03-11-2011, 08:21 AM

Not only limits on debit card transactions, but free checking as we know it, gone. Rewards, gone. Why? Because banks like Bank of America took a $10.4 billion projected loss of revenue due to the Durbin amendment.

As far as free checking, obviously it was 'subsidized' by overdraft and interchange fees. However, it's hard to muster an argument in favor of the cost-shifting to responsible middle and lower-income consumers.

Quote:

Originally Posted by mynameisjim

lol. This is just more pushback tactics by industries that don't want reform. It's a warning to leave them alone.

When health care laws are passed, the health insurance companies raise rates and send out a press release about it to make sure everyone hears about it. Who sends out a press release when they raise rates 30%?

Same here, they are trying to prove that they will turn any sort of reform into a hassle for consumers. So next time anyone brings up reform, they can point to this example.

Old ass tactic and it's a way to make Americans adverse to reform. This is why compromise style reforms never work, because it leaves loopholes.

You're exactly right and it explains precisely what is wrong with the current administration. You can argue it's well intentioned, but it comes at a complete disregard to the consequences of attacking capitalism in America.

For example.

Obama passed the 'Credit Card Accountability, Responsibility and Disclosure Act'. A bill that was well intentioned, it was against abusive credit card company practices. Sounds 'fair' right?

It was regulation that backfired against consumers. Credit card issuers prepared ahead of time for the new law by raising interest rates to 10 year highs and then cut average lines of credit by 13%.

What was the end-result? Obama made it financially harder for consumers to use their credit cards in the midst of a deep recession when businesses were struggling to get Americans to buy more. It also affected millions who couldn't afford to pay higher rates on credit card balances.

Then we have the health care overhaul that will cause every single person to see a rise in premiums until the law has taken effect in it's entirety. My rates went up this year, and I'm sure they will continue to rise. Again, it's due to regulation taking away from their bottom-line.

Now you have Obama desperately pushing a cap and trade bill that would tax businesses to pollute. I don't think I have to explain what would happen if such a bill were passed.

Gas prices are already going over 4 fucking dollars.

My opinion is it's 100% a product of this administration's overzealous goal to curb greenhouse gasses.

We heard a lot of people asking, 'Why is Obama to blame for the current unemployment rate?' Obama forced a regulatory nightmare for American businesses shoving regulations and government mandates down their throats.

What was the end result? Massive downsizing. Increased costs for consumers. You take away from a companies botton-line and as you said, they will do whatever is necessary to get it back up. Call it greed, call it unfair, call it whatever you want, but it's how America works.

Anyways, the smart American voters who actually knew the situation took action last fall. Obama and the democratically controlled congress were on a warpath against Capitalism in this country. People recognized whether it was well intentioned or not how extremely destructive it can be.

I think a lot of the big companies and corporations gave a big sigh of relief last fall. Up until then, they were in fear of a bureaucratic nightmare of regulations and mandates.

03-10-2011, 04:47 PM	#1
seeric .......... Industry Role: Join Date: Aug 2004 Location: .......... Posts: 41,917	Have a bank account in the USA? Probably want to read this. http://money.cnn.com/2011/03/10/pf/d...limit/?npt=NP1 Declined! Your debit card may soon be denied for purchases greater than $100 -- or even as little as $50. JPMorgan Chase, one of the nation's largest banks, is considering capping debit card transactions at either $50 or $100, according to a source with knowledge of the proposal. Why? Click the link. FYI. Last edited by seeric; 03-10-2011 at 04:48 PM..

03-10-2011, 04:58 PM	#4
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	even if it happens, so what? unless you have terrible credit, credit cards are way better then debit cards... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

03-10-2011, 05:19 PM	#11
Wizzo 2011 GFY Hall of Fame! Industry Role: Join Date: Nov 2000 Location: Back in Texas! Posts: 15,224	It would be for Debit Purchases only, you still could make credit purchases with your debit card for over that limit. Which I do anyway to collect airline miles. __________________ Looking for Opportunity!

03-10-2011, 05:41 PM	#17
VikingMan Exploiting human weakness Industry Role: Join Date: Jan 2008 Location: next to a salmon stream Posts: 6,531	No worries, the sloths can just whip out their "gubment" debit cards when their other ones fail. Last edited by VikingMan; 03-10-2011 at 05:44 PM..

03-10-2011, 06:05 PM	#21
RyuLion ClubDomCash.com Industry Role: Join Date: Mar 2003 Location: San Diego Posts: 32,265	We keep most of our cash in a huge safe in our house. nuf said. __________________ Adult Biz Consultant A tech head since 1995

03-10-2011, 04:52 PM	#2
AaronM Too lazy to set a custom title Industry Role: Join Date: Oct 2001 Location: ┌∩┐ ◣_◢ ┌∩┐ Posts: 46,909	I'm gonna go out on a limb here and say that this is never gonna happen. Not that low.

03-10-2011, 05:18 PM	#10
seeric .......... Industry Role: Join Date: Aug 2004 Location: .......... Posts: 41,917	Couple things about credit cards Vs. debit cards 1) no interest on debit cards. fuck paying interest on anything. i am liquid. i have the cash. i wouldn't buy anything but cars and houses with credit. 2) no one carries tons of cash anymore, unless you are a pretend baller with a hundy wrapped around 20 different smaller bills. debit cards are immensely convenient. and you can run them as credit, which protects you and the the things you buy. 3) credit cards are ruined for people who are very money smart. i wouldn't touch any of the new credit card offers. they're sucker cards. This is just another way for the banks to profit and prey on the people who are the most cash strapped. If I missed anything feel free to list.

03-10-2011, 06:32 PM	#23
PStarks Confirmed User Industry Role: Join Date: Feb 2011 Posts: 158	reward cards are where it is at. I make about 700 bucks a year on misc rewards across my credit cards and pay off my balance weekly to avoid EVER paying interest. You can not go wrong with 1%~5% cash back on every dollar you spend. Just think about the good old days before the credit crunch when some people lived off exploiting credit reward deals. I have know people that used to get paid 1000 bucks a month just for using some reward cards the smart way. A credit card is a tool just like a hammer. You build a house with it or break every finger on your hand if you have no skill to use it. Just treat it like a 3 week loan you took out with the local shark and PAY it! If you funnel your cash through cards you get nice savings __________________ Hot Ex GF Pics Blog

03-10-2011, 06:35 PM	#27
mynameisjim Confirmed User Join Date: Aug 2007 Posts: 2,985	lol. This is just more pushback tactics by industries that don't want reform. It's a warning to leave them alone. When health care laws are passed, the health insurance companies raise rates and send out a press release about it to make sure everyone hears about it. Who sends out a press release when they raise rates 30%? Same here, they are trying to prove that they will turn any sort of reform into a hassle for consumers. So next time anyone brings up reform, they can point to this example. Old ass tactic and it's a way to make Americans adverse to reform. This is why compromise style reforms never work, because it leaves loopholes. __________________ jim (at) amateursconvert . com Amateurs Convert

03-10-2011, 06:50 PM	#29
PStarks Confirmed User Industry Role: Join Date: Feb 2011 Posts: 158	Oh dear lord you lost me with this "free" market myth... It is only "free" to the people that have enough money to lobby for laws in their favor... funny how that works out isn't it? __________________ Hot Ex GF Pics Blog

03-10-2011, 07:01 PM	#31
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,117	Funny that the article is about Chase, as they allowed $1k to be stolen from my account using my debit card

03-10-2011, 07:58 PM	#32
Screwed Up Confirmed User Industry Role: Join Date: Aug 2002 Location: African Planet Posts: 1,118	I'm pro debit cards. But fuck, recently I had problems charging flight tickets (on the phone) and hosting (recurring) to my debit card because of this Verified By Visa crap. Since they don't have the pin number it seems they cant bill it... __________________ Promote these REAL amateur sites with Exclusive content: African Casting \| Real Africans \| Latina Fuck Tour \| African Lesbians African Bucks Contact: support @ africanbucks.com

03-10-2011, 08:12 PM	#34
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	I had a problem renting a car with a debit card once, but other than that, I'm getting rid of my credit cards. __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

03-10-2011, 09:21 PM	#39
Elli Reach for those stars! Industry Role: Join Date: Apr 2003 Location: Vancouver, BC Posts: 17,991	I've always used debit cards. It saves me carrying cash and it takes the money right out of my bank account. No fuss, no muss, and I have a no fee account, so I'm not dinged to use the card. It's simply a method of transaction. I don't really understand all the fuss the States is having with these cards. __________________ email: [email protected]

03-10-2011, 09:46 PM	#40
Supz Arthur Flegenheimer Industry Role: Join Date: Jul 2006 Location: New York City Posts: 11,056	They kind of want you to use your card as credit now anyway. They give you points for credit transaction on your bank card. Is this is DEBIT transactions only, where you have to put in your pin, or credit swipes on your bank card as well? Last edited by Supz; 03-10-2011 at 09:47 PM..

03-10-2011, 10:38 PM	#41
glowlite Confirmed User Industry Role: Join Date: Dec 2005 Location: Arizona/Indiana Posts: 366	Consumers will push back, merchants will push back. When a merchant hangs out a sign that says "J.P.Morgan/Chase cards not accepted" it will end. Contrary to popular belief, the bank needs merchants and customers. NOT the other way around. That's assuming it ever starts to begin with.

03-11-2011, 07:34 AM	#45
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,329	Credit card only for 7+ years with no problems. Free loan for a month, better protection, no bank error throwing an overdraft at me, points program, etc. etc. etc. There is no advantage to debit except personal comfort and personal safety. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

03-11-2011, 07:35 AM	#46
rayadp05 TRUEAMATEURMODELS.COM Industry Role: Join Date: Nov 2005 Location: TrueAmateurModels.com Posts: 4,187	Fuck 'em. I always use cash. __________________ TrueAmateurModels.com Twitter TrueAmateurModels.com Affiliate Program Last edited by rayadp05; 03-11-2011 at 07:38 AM..

03-11-2011, 07:38 AM	#48
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	BTW... I also get points on my debit cards that I use for air travel. 1 mile for every $1 spent.

03-11-2011, 07:40 AM	#49
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	A lot of banks are capping debit cards with limits on number of transactions a month, dollar amount for each transaction, etc. It could make sense to withdraw paper cash dollar bills from the teller and use it to make many small purchases. In recent news, Canada is considering making plastic dollar bills with more security features to avoid counterfeits. The Bank of Canada will begin circulating its first plastic money in November, a new $100 bill made from a special polymer that will replace the cotton-paper blend used to make Canadian existing currency. __________________ Send me an email: [email protected] Last edited by fatfoo; 03-11-2011 at 07:43 AM..