[Idyllchat] ATMs in Europe
Robert A Meyer
hmrm34 at verizon.net
Wed Apr 4 19:57:53 EDT 2007
I may be the only one who didn't know the difference between a debit
card and a straight ATM card. So I looked it up (on the Internet
naturally) and here is an explanation:
"SUMMARY: A debit card is an ATM card with a VISA or Mastercard logo on
it. [VISA calls them "Checkcards" and Mastercard calls them
"Mastermoney" cards.]
The difference? Debit cards are riskier than password protected
(PIN-only) old-fashioned ATM cards because debit card can be used with a
PIN OR can also be used with only a signature, without a secret PIN or
password, just like a credit card, over the phone or in a store."
I wonder if straight ATM cards are still available?
Bob Meyer
> /Also, for those of you who are eligible, be aware that USAA offers
> only debit cards, not straight ATM cards. If you lose your debit card
> or it is stolen, your account can be accessed by whoever has it.
>
> meredith young/
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