Yesterday I was hoping to hear back from a job, instead I got a horrific message from one of my credit cards. They were calling about possible fraudulent activity to the tune of nine thousand eight hundred eighty nine dollars. Yes, you read that right. $9,889!!!!
Luckily, this was a credit card, not a debit card so I am not liable. I believe that legally I could have to pay $50. My first breathe of release was followed by the strong impetus to tell all my friends, and blog readers, to get rid of their debit cards. Or, at very minimum, read really carefully and find out what protections you do or do not have on those cards.
To make the whole thing just a little scarier–because, yes, I do know that this happens to hundreds of people everyday– this card is pretty new, has not been lost, and has only been used twice. It had never used on the internet to buy things-although I did have an online account where I submitted payment for each of the prior each purchase.
Still, despite the fact that I am not liable for the fees incurred, I lost much of my morning. I had to call all my other credit cards and put fraud alerts on them. I also had to change the log in and security protocol on my bank account because I do online banking and if my info had been stolen from my computer that could have been compromised.
Moral of story: get scissors, destroy debit cards. Get credit cards, protect yourself.