Report Abuse
You have chosen to report the following comment as abusive, offensive, or inappropriate.
It is true you must your smarts when you using a debit card, (just like you should anytime you use your money). I have a visa debit card from my bank and have had no troubles with it. I had always heard that they were bad and you had no rights like you do with a credit card. First thing ,Visa on their website does stipulate your rights with a debit card. Check it out for yourself on www.visa.com . Here is an excerpt: Zero Liability has you covered<br> Worry-free shopping <br> Ultimate security <br> Complete fraud protection <br> Owe nothing on fraudulent transactions <br> <br> Visa’s Zero Liability policy means 100 percent protection for you. Visa’s enhanced policy guarantees maximum protection against fraud. You now have complete liability protection for all of your card transactions that take place on the Visa system. Should someone steal your card number while you’re shopping, online or off, you pay nothing for their fraudulent activity. <br> <br> If you notice fraudulent activity on your card, promptly contact your financial institution to report it. It is important to continually monitor your monthly statement to identify any unauthorized transactions.2 <br> <br> Visa’s Zero Liability policy took effect April 4, 2000, and is a great improvement on the previous policy. The former policy required that you report fraudulent activity within two business days of discovery. After this two-day period, you could be held responsible for up to $50 of the unauthorized charges. With the new Zero Liability policy, you’re no longer required to report fraudulent activity within two days and you’re not responsible for any fraudulent transactions made over the Visa network. <br> <br> The Zero Liability policy covers all Visa credit and debit card transactions processed over the Visa network—online or off. The only transactions not covered under the Zero Liability policy are commercial card, ATM, and non-Visa-branded PIN transactions. <br> <br> For transactions on other networks, the liability decision is left to the financial institution that issued your card. The issuer has the option of extending the same protections afforded by Visa's Zero Liability policy. <br> <br> Thank you
By Harley Thomas
