You probably know that Clark is not a fan of debit cards. He carries an ATM card and a couple credit cards, and that’s it. Other consumers are getting wise to the risks of debit cards and they’re not applying for them as often. Banks realize this and have started offering you money or prizes if you get a debit. The Dow Jones News Wires report that by the end of the year the 10 largest financial houses are all going to offer some kind of prize if you carry and use their debit cards. Clark likes to refer to them as fake Visa or Master Cards. These cards are potentially dangerous because you have no dispute rights or chargeback rights when you make a purchase or when someone steals your information. There are a few exceptions to that rule. If you are not able to control yourself when you have a credit card, or you typically write checks, it’s a good idea. There is even more risk to you using checks. Also, giving a teenager a debit card is better than giving him or her a credit card. Teens tend to rack up charges on credit cards because they don’t usually pay the bill. A debit card or stored value card allows you to set a limit on what they spend.