Never use a debit card for shopping online, and here is why

never use a debit card for shopping online, and here is why

Reason #1

Both the debit card and credit card allow you to make purchases using e-transaction. But there is one big difference. The credit card has a limit on how much you can spend. The debit card doesn't come with such a limit. If you have money in your bank account, you can spend that using debit card.

Reason #2

It's not your money that is available to you with a credit card. When you spend money using a credit card, you are spending your bank's money although after you have made the purchase it becomes your liability and you have to pay, along with any fee or interest that the bank may charge you. This offers a sort of protection to you in case of the fraud.

Even if your credit card is compromised and used without your permission, it's the responsibility of the bank to handle and avoid the fraud and not yours. If you card is misused, you can always explain to the bank that how it is a case of fraud and that you are not liable for it. In most cases, the banks will investigate the transactions and when they find that you are speaking truth, will not charge you for the fraudulent transactions.

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