There are still way too many consumers out there that use debit cards to shop online. If you're one of them, listen up. It's time to finally ditch the old debit card and make sure you're protecting yourself by using a credit card instead!
Unlike debit cards, credit cards place a middleman between you and the online merchant. If the product you purchased is faulty or never even shows up at your doorstep (which can certainly happen online), you'll be able to initiate a chargeback and your credit issuer will then step in at no additional cost to help you resolve the problem.
Meanwhile, the money you would have used to buy the item will still be sitting safe and secure in your bank account. Purchases made with a debit card unfortunately don't provide the same level of protection. In fact, in the event of a legitimate dispute after a debit card purchase, it could take weeks or even months before your money is recovered.
That's not a position you want to put yourself in, so be financially smart and choose credit over debit when shopping online.
Unlike debit cards, credit cards place a middleman between you and the online merchant. If the product you purchased is faulty or never even shows up at your doorstep (which can certainly happen online), you'll be able to initiate a chargeback and your credit issuer will then step in at no additional cost to help you resolve the problem.
Meanwhile, the money you would have used to buy the item will still be sitting safe and secure in your bank account. Purchases made with a debit card unfortunately don't provide the same level of protection. In fact, in the event of a legitimate dispute after a debit card purchase, it could take weeks or even months before your money is recovered.
That's not a position you want to put yourself in, so be financially smart and choose credit over debit when shopping online.
