[pct-l] travelers checks - Debit Cards - Cautionary Note

[kdpo@pacbell.net (Ken & Marcia Powers)]

I also checked on my debit card agreement. It is a Mastercard debit card
issued thru a credit union. It has the protection Mags described. It also
has a clause saying that if you are unable to inform them of a lost or
stolen card or PIN due to a long trip or extended hospital stay, for
example, that they can extend the time limit beyond the normal 60 days
notification time.

Thanks for making me check this out, Ron.

Ken
----- Original Message -----
From: "Paul Magnanti" <pmags@yahoo.com>
To: "Ronald Moak" <ronm@fallingwater.com>; "Ken & Marcia Powers"
<kdpo@pacbell.net>; <PCT-L@mailman.backcountry.net>
Sent: Friday, February 08, 2002 9:15 AM
Subject: RE: [pct-l] travelers checks - Debit Cards - Cautionary Note


>
> --- Ronald Moak <ronm@fallingwater.com> wrote:
> > If you plan to take a debit card, simply remember
> > that there is no > protection on your card. So if
>
> Ron,
>
> Thanks for the info
>
> . I just off the phone with my bank (Wells Fargo).
> Apparently, Wells Fargo has protection similar to an
> actual credit card. If a fraudelent purchase was made
> with my Visa Debit Card, the money would be reimbursed
> to my checking account. Also, if my card was lost, and
> I canceled it, I would not be responsible for the
> purchases made.
>
> Again, this is not a 'straight' debit card, it also
> functions as a Visa. So the protection may be a bit
> better than a regular debit card.
>
> Just more information in any case.
>
>
>
> =====
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