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written by reader Target credit / debit card breach

By tanglewood, December 22, 2013

I just cannot understand why people have debit cards? With a credit card purchase, you get a minimum extra 30 days to pay. A debit card is paid immediately via a direct link to your bank account; how secure is that? Now there is another disadvantage coming from the Target breach ; ”JPMorgan Chase & Co said on Saturday it is notifying customers who used Chase brand debit cards at Target from November 27 through December 15 that they are now limited to $100 a day of cash withdrawals and $300 a day of purchases with their cards.”
I realize that credit card numbers were also compromised. But time is on your side if someone starts using your charge account illegally. I could be wrong but it seems to me that credit card companies are more aggressive with stops etc., when charges start rolling in that don’t meet your profile of spending.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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