Does anyone still use their debit cards?

A place to discuss anything... except credit cards!
60 posts
Centurion Member
Centurion Member
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Fri Jan 25, 2013 10:43 am

kcarter609 wrote:So if you do that, why not just get an ATM only card like I did? The withdrawal limits are the same, and it only works in an ATM with your PIN number. That way there is ZERO chance of it getting stolen and used for any purchases.

I bank with a somewhat small local credit union and I'm pretty sure since they don't have ATM's, they probably don't have ATM cards. The two or three times a year I use my debit card to get cash isn't a big enough issue for me to worry about. My credit union has deals with several banks around town and it's members can use their ATM's free of charge. Since my girlfriend is an AU on my CSP and my PRG, she gives me cash monthly, and sometimes bi-monthly, so usually if I need cash I take a little out of that before depositing the rest.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

Platinum Member
Platinum Member
Posts: 56
Joined: Mon Jan 21, 2013 12:18 pm
Location: NYC

Postby Fartanywherecard » Fri Jan 25, 2013 11:02 am

I stopped in the last month after spending ~$30k-40k on the thing in the last year and somehow still only having 968 reward points. I'm sorry but there is no excuse for that (previously I earned lots of points through Chase rewards). Now I put my spending money on a prepaid Amex. At least I get purchase protection, warranty, and some other Amex cardmember services. Chase is only good because there are 50438484 locations in NYC, including in every Duane Reade.

For those of you who care, the Amex prepaid card is pretty good once you set it up.

User avatar
Centurion Member
Centurion Member
Posts: 119
Joined: Fri Sep 28, 2012 9:22 pm
Location: Texas

Postby Terry » Fri Jan 25, 2013 11:57 am

Scoobynoodles wrote:Aside from having checks deposited and getting cash when needed, are there any other uses for debit cards/checking accounts? Rarely do I pay for anything with a debit card and on occasion do use cash. I primarily charge everything to my credit cards to get my rewards, points & convenience.

After the debit card changes stemming from the financial crisis back in 2010-2011, banks don't offer the rewards on them anymore leaving me to solely use my credit cards. I only use my DC to get cash and all my CC's are linked to my checking account.

Curious to hear your thoughts.

I use my debit cards only for deposits. The credit cards are used for everyday purchases and I get a cash back bonus. During the few times cash is needed, cash over purchase is the form of getting currency.
AMEX Green Card - NPSL [Member Since 1995] ;)
AMEX Everyday Card ($25,000) 6/14 Backdated to 1995 - For 20% Extra Points Benefit
Chase Freedom Visa Signature ($17,000) - For 5% rotating categories
Citi ThankYou Preferred Visa Signature ($16,000) - 2% dining
Discover IT Humane Society Design ($16,500) - For 5% rotating categories
Firestone ($2,600) - For 0% financing
Home Depot ($10,000) - For 0% financing
JCPenney Credit Card ($7,000) - For special discounts
Sam's Club MasterCard - ($20,000) - 5% off gas at any fuel pump
Wells Fargo Personal Line of Credit - ($15,000)

FICO's - 767 EX, 778 EQ, 790 TU [02/2015]

Centurion Member
Centurion Member
Posts: 379
Joined: Thu Apr 26, 2012 3:15 pm
Location: USA

Postby 432521 » Fri Jan 25, 2013 8:19 pm

I swipe it once in a while
March 2011- Wellsfargo Cash Back College Card
May 2012- Chase Freedom
May 2012- Discover IT
August 2012- American Express Blue Cash Everyday

Money card
Centurion Member
Centurion Member
Posts: 1361
Joined: Tue Jun 28, 2011 10:13 pm
Location: New York state

Postby Money card » Fri Jan 25, 2013 9:17 pm

sakhalin wrote:Hmm, I might do the same thing. I am very self-conscious about someone having direct access to my checking account. The only reason I keep my debit cards in my wallet is for ATM use; I might as well use ATM cards instead and keep the debit in the drawer.

do banks even supply atm cards anymore? I know 1 day I was talking to my banker about debit and Atm and she said that there bank
Td bank doesn't offer the atm anymore does your bank and do any other bank still offer them anymore?

Centurion Member
Centurion Member
Posts: 307
Joined: Wed Jan 02, 2013 3:43 pm
Location: USA

Postby RewardHop » Fri Jan 25, 2013 10:22 pm

Money card wrote:do banks even supply atm cards anymore?

If you get a checking account, they will give you an ATM card.
Amex BCE: 3% grocery, 2% gas
Bank of America Better Balance Rewards MC: $25/quarter bonus
Barclaycard Rewards Visa Signature: 2% gas, groceries, utilities
Capital One Quicksilver Visa Signature: 1.5% everything
Chase Freedom Visa Signature: 5% rotating
Citi Forward Visa: 5% restaurants/fastfood, movie theaters,
Discover It: 5% rotating
SallieMae MC: 5% Groceries, Gas, Amazon
US Bank Cash+ Visa Signature: 5% electronic stores, restaurants
Sock Drawered: Chase Sapphire, Chase Amazon[/size]

Gold Member
Gold Member
Posts: 34
Joined: Fri Jul 27, 2012 6:09 pm
Location: CA

Postby ceemee » Sun Jan 27, 2013 12:16 am

I used to use it exclusively. I couldn't even get a store card a few years ago and decided to give up credit. It's taken a couple years, but I've completely switched to using my cc in the last 6 months to a year and now only use 1 debit card for cash withdrawals and the other for cash deposits. I use Schwab as my main checking account and I don't want to have to find a brokerage to deposit cash so I keep my BofA acct (ebanking) to deposit cash.

User avatar
Centurion Member
Centurion Member
Posts: 195
Joined: Mon Oct 29, 2012 2:50 pm
Location: Boston

Postby Calipso » Mon Jan 28, 2013 5:04 pm

I only use my debit card to withdraw cash at an ATM. Nothing more.
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500

Gold Member
Gold Member
Posts: 37
Joined: Mon Jan 21, 2013 6:03 pm
Location: MI

Postby RonJonson » Tue Jan 29, 2013 8:32 pm

I stopped using my debit card after having it compromised and having my checking account cleared out. I the only went to using my credit card for everything.
Wells Fargo Platinum - $10,500 - 11/2004
Citi Forward - $5,000 - 10/2012
Chase Freedom - $3,900 - 10/2012
Capital One Quicksilver (Formerly Cash Rewards) - $6,000 - 12/2012
American Express Hilton Honors - $3,900 - 1/2013
Barclaycard Arrival World MasterCard - $5,000 - 11/2013

Centurion Member
Centurion Member
Posts: 188
Joined: Tue Jan 10, 2012 7:11 pm
Location: New York, NY

Postby randeman » Thu Jan 31, 2013 12:18 am

I stopped using mine except for cash. I was waiting until I got my Citi custom credit line established first (which bases some of your limit on your relationship with the bank) before I switched exclusively to Discover (for big purchases) and Barclay Visa for every day.
Cards and Credit lines Acquired:

Escape by Discover (7.75K), Barclay Holland America Visa (7K), Macy's store card (7K), Bloomingdale's store card (2.6K), Citi Custom Credit Line (3.5K), PayPal Smart Connect credit line (2.7K), Chase Freedom Visa (5K), Chase United MileagePlus Visa (5K), Chase Sapphire Preferred Visa (6K), Amazon store card (2.2K), Lord & Taylor store card (550), Nordstrom store card (1500), Gold Delta SkyMiles from American Express (3K), Discover It (6.5K), PayPal Credit Line (1K).

Return to “The Lounge”

Who is online

Users browsing this forum: No registered users and 2 guests