>>You would be very surprised how much your Debit Card is not covered.
Scrooge and Marley aside - when a government can create Trillions of Electronic Dollars such can also be removed by those who chose to.<<
It is MUCH MUCH easier to alter a check — handwritten or, if the perp is lucky, typewritten — than hack a DR card.
And I *NEVER* *EVER* use my DR card. I didn’t want to get into why you don’t have a CR card (I have 3 so if I ever have a problem I have a fallback). I pay $0 in interest since I pay it to zero ever month and I pay $0 in charges because I am a good customer of over 20 years.
So — why don’t you use a CR card? They don’t cost anything and are a lot more protected than DR cards.
As for the government creating money — they don’t use plastic to do that.
The day of the check is long gone: I will be amazed if manually written ones are accepted by anyone in 10 years.
We simply made the decision when the CC companies decided to adjust rates with “so and so” many days notice that what if one day they raised rates beyond our ability to pay? Or what if the Cycle of payment was shortened past the current 28 days? Or what if...
We work hard for the income we have, therefore we guard our ability to make decisions in the manner we spend it. Works for us although it is not for everyone.
Does it cause some POS problems? Yep. We’ve learned to carry more ID for checking into a Hotel if necessary, budget how much cash we should have on hand, and not spend more than we have coming in.
I might disagree with the Government not creating money on plastic - EBT, Veteran Benefit Cash Cards, etc - those are (at least until a budget is passed) created electrons representing Credit/Debit/Cash available that does not truly exist.