Good article about debit cards.

[whatamess]

http://finance.yahoo.com/expert/article/millionaire/27137

If you are like me and have switched over to debit, you may want to read this. I'm going to cover my pin w/my hand for now on and never use my debit online!!! I sure don't need more trouble and I know most of you don't either!!
WAM

[SinkingFast]

Very good article, WAM.

I've moved it here to the News Section as the article was recent and will be very helpful to people.

Thanks much for posting this.

A very good find!!

[sfbehr]

As Bach points out in the article (which is a good one, BTW), running it as a signature-based transaction (i.e., choose "credit" rather than enter your PIN) is a safer way to go.

The only time I use my PIN now is when I'm making a cash withdrawal at the ATM. My bank also gives cash rewards for using the signature versus the PIN, so all the more reason to keep doing so...

[FilingOnMyOwn]

I don't need to read an article to see the trouble. I've never used a debit card, its like a permanent link to your checking account. That alone rings bad news to me.

[HRx]

Many of the best practices described in the article should be applied to credit cards too. I personally like the fact that my Visa Debit card defaults to ATM mode at most retailers. In other words, when I try to swipe my card to use it as a credit card, the machine automatically requires that I enter my PIN, which can be a PITA but is a nice security measure for debit card users.