Debit cards have become the new cash. We reach for the cards instinctively for almost every purchase. They’re convenient and appealing because we’re not incurring debt as with credit cards.
But hold on. This article from MainStreet.com says you shouldn’t use a debit card for five types of purchases, including restaurant meals, security deposits and automatic monthly withdrawals. The writer, Brian O’Connell, cites a reason in each case.
In a restaurant, for instance, the waiter walks away with your card and could copy down the number. “There are way too many prying eyes around a dining establishment to trust using your debit card,” O’Connell writes. So bring a little extra cash when you dine. It may be inconvenient, but you could be protecting yourself against unauthorized charges that could be a headache to reverse.