Business & Finance Credit

Where You Should Not To Use Debit Card

A debit card (also known as a bank card) is nothing but a plastic card through which card holder can easily access to his/her account electronically in any particular bank account and withdraw previously saved funds as an alternative payment while making purchases. In other words, these cards are considered one of the best ways to instant withdrawal of cash. A certain amount of money equivalent to your shopping bill gets deduct straightway from your bank account whenever you use these to make payment for your purchase.

With the advent of debit cards, we all are now habitual of using plastic money as convenient mode of payment instead of carrying cash and other conventional methods of transaction like cheques. Whether you are teenager or working professional or old retired person €" every these days prefer to carry bank to make all financial transactions. These days, banks are offering their customers different options for debit cards like Business, Platinum, Titanium, Classic, Gold etc. all these cards come with different benefits and offers.

A lot of benefits are associated with these cards defined as convenience from not carrying cash all the time. If we see other side of a same coin then there are certain negative aspects associated with card €" Debit card frauds for example. Considering the fact, there are certain key factors to be considered by every individual holding debit card - it's all about where you should not to use your card. Although majority of people consider using their cards for carrying different financial transactions at different place but it is good to pay cash or make payments through credit wherever possible instead of using ban card.

Here are some don'ts of using debit cards €"

€ Avoid using bank cards while shopping online like buying products and services offered by various web portals. Using card for making online payments are one of the highest-risk associated places having increased threat of frauds.
€ Try to make cash payments at gas stations and hotels instead of using cards because of the fact that skimmer machines capture all confidential details of your card can lead to fraudulent activities like direct access to account, block-offs and other similar financial complications.
€ Some other places where you should avoid using debit card for making payment of bills.

It is advisable to consider aforementioned factors in mind while using your card next time and be little cautious to prevent yourself from debit card frauds related issues.

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