oplkill@lemmy.world to memes@lemmy.worldEnglish · 2 months agoThen they will ask why nobody wants to use their payment cardslemmy.worldexternal-linkmessage-square215fedilinkarrow-up181arrow-down113
arrow-up168arrow-down1external-linkThen they will ask why nobody wants to use their payment cardslemmy.worldoplkill@lemmy.world to memes@lemmy.worldEnglish · 2 months agomessage-square215fedilink
minus-squareThe_Decryptor@aussie.zonelinkfedilinkEnglisharrow-up3·2 months agoIt’s not fraud, it’s interest. If you use a debit card and can’t cover a transaction, it just doesn’t go through. If you have a credit card then the bank pays and now you owe them, and they’ll charge you extra for that privilege.
minus-squaredroans@midwest.sociallinkfedilinkEnglisharrow-up1·2 months agoYou could just pay off your balance by the due date and you won’t be charged any interest.
It’s not fraud, it’s interest.
If you use a debit card and can’t cover a transaction, it just doesn’t go through. If you have a credit card then the bank pays and now you owe them, and they’ll charge you extra for that privilege.
You could just pay off your balance by the due date and you won’t be charged any interest.