AOPA credit card --- WARNING.

On Mon, 13 Dec 2004 05:22:54 -0500, Cub Driver
wrote:

When my bank issued me a "MasterMoney" card in lieu of the old ATM
card, I made them take it back and provide me with a downmarket card
such as they issue to the students with twenty bucks' balance. I just
don't like the idea of a card in existence that could empty out my
account when used without a PIN.

Actually, w/o PIN they could only buy up to your max purchase
limit/day (my bank defaults at $2500). If you were concerned about
it, yet wanted the utility of a check card, you could ask the bank to
set a lower per-day purchase limit on the card.

Actually, w/o PIN they could only buy up to your max purchase
limit/day (my bank defaults at $2500). If you were concerned about
it, yet wanted the utility of a check card, you could ask the bank to
set a lower per-day purchase limit on the card.

What is the utility of a check card over that of a credit card?

In article ,
"John Harlow" wrote:

What is the utility of a check card over that of a credit card?

No check to pay to the credit card company and no interest
payment rip-offs by the credit card company.

--
Bob Noel

No check to pay to the credit card company and no interest
payment rip-offs by the credit card company.

An auto-payment credit card has neither of those, plus you get free money
for 30 days, fraud protection, extended warranties, rental coverage and cash
back. I have no idea still why anyone would ever use a debit card.

On Mon, 13 Dec 2004 11:20:27 -0500, "John Harlow"
wrote:

No check to pay to the credit card company and no interest
payment rip-offs by the credit card company.

An auto-payment credit card has neither of those, plus you get free money
for 30 days, fraud protection, extended warranties, rental coverage and cash
back. I have no idea still why anyone would ever use a debit card.

And frequent-flier miles! I average a trip a year on FF miles from
credit cards, most recently skiing in Aspen CO.

(On the return to Boston, I was in Economy Plus, which I have never
achieved when paying for the ticket!)


all the best -- Dan Ford
email: (put Cubdriver in subject line)

Warbird's Forum www.warbirdforum.com
Piper Cub Forum www.pipercubforum.com
the blog www.danford.net

Bob Noel wrote:

In article ,
"John Harlow" wrote:

What is the utility of a check card over that of a credit card?

No check to pay to the credit card company and no interest
payment rip-offs by the credit card company.

I've never seen a mainstream credit card company that charged interest
when the full balance is paid off every month on time. If you request,
the credit card company can directly pay your full balance automatically
on the due date each month via EFT from your bank account.

You then have all of the benefits of a credit card (no cleaned out
checking account/bounced checks if there is card fraud, full dispute
rights, 30+ day 0% interest, rewards etc) with your stated advantages of
a debit card.

In article ,
John Harlow wrote:
Actually, w/o PIN they could only buy up to your max purchase
limit/day (my bank defaults at $2500). If you were concerned about
it, yet wanted the utility of a check card, you could ask the bank to
set a lower per-day purchase limit on the card.

What is the utility of a check card over that of a credit card?

For many, well at least me, it's just easier. I don't buy things that
I can't afford (with the expetion of school loans and my car, which is
paid for now btw). I prefer to pay cash for everything, but I don't like
to carry that much cash on me, and I don't know how much to carry on me
for certain trips. I could write checks, but not every place takes checks
and I don't like waiting for checks to clear.
I'm a nerd, so I've got a calculator watch and keep my 'spending money'
in checking. When I use my debit visa I just subtract that out of my
watch, instant balanced account For others they just don't want to pay
the bill off each money (again lazy/easier).
There's something to be said for having a real credit card in case of
an 'accident/emergency' but truth be told it's never really happened and I
get by.

For many, well at least me, it's just easier. I don't buy things
that I can't afford (with the expetion of school loans and my car,
which is paid for now btw). I prefer to pay cash for everything,

Set yourself up with an auto debit VISA and get many more benefits at no
cost.