Debit card never got charged?
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stu
Apprentice
Joined: 07 Jun 2006
Posts: 18
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 Posted: 08/08/07 - 07:37 Post subject: |
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| I am pretty aware of a difference between a credit and debit card but I also want to know if debit card ever got charged. Probably overdraft fee is being charged. And I assume that ATM fees are charged too but it is sometimes hard to find out if you are charged for ATM transactions. |
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harper
Apprentice
Joined: 25 Dec 2004
Posts: 15
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| Posted: 09/26/07 - 22:01 Post subject: |
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| As I can see, debit cards are beneficial to merchants because of instant payment and to banks because of processing fees. But from a consumer’s point of view no interest for payments, no penalties for late payments are very attractive. Overdraft is charged and so are ATMs depending on the bank and country. |
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