Christmas shoppers are reaching the busiest time of the season and with that come greater chances of using a credit or debit card. But which is safer? Here’s some information that could help.
The Better Business Bureau tells shoppers to arm themselves with information. Do some research about cards. Be aware of what you’re using, and when to use it. Remember a debit card is like electronic money. It immediately comes out of your bank account.
Experts say the only safe place to use your debit card is at a bank. Never use it on the internet.
Credit card companies usually will pay the full amount of purchases made if your credit card is stolen.
And remember, don’t give your account information to any stranger.
It all adds up to the fact that a shopper, who’s not going to use cash gets more protections using a credit card than a debit card. The Better Business Bureau tells us the only safe place to use your debit card is at the bank.
When shopping and you need cash, experts say to use a bank ATM rather than a standalone.
And remember you can count on information to keep you and your family safe every Thursday in our CyberSafe Parent report.