Credit/Debit Cards....

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TheGameIs21

Golden Member
Apr 23, 2001
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Anyone else experiencing retailers not giving you anything to sign for some purchases? In the past week it has happened at three locations Red Lobster, Walgreens and WalMart. I know that anyone can sign my name but I don't like that they aren't checking sigs against the back of the card anymore. I remember it wasn't that long ago that if there wasn't a sig on the back of the card, they wouldn't accept it. They then would have you sign it there in front of them... now they don't care.

I am going to get rid of my Debit card since there is no protection from illegal purchases.

[Edit] as an aside... I didn't punch in my PIN at these locations either. [/edit]
 
Kelemvor

Kelemvor

Lifer
May 23, 2002
16,928
8
81
Some stores if you use a credit card and the amount is less than a certain limit ($20 or so usually) many places don't make you sign any more. I think you could legally then challenge the sale and get away with not paying it, but they probably think that for the $20 limit it's just not worth it for the number of people who might actually dispute a charge.

I know that Noodles & Company does this and one or two other places I've been to.

You NEVER have to sign when paying with a Debit card where you punch in a PIN number, but if you have a combo card that cna be used as either a debit or credit card, then you'd normally have to sign when you use it as a credit card.
 
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AEnigmaWI

Senior member
Jan 21, 2004
427
0
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FJ is right on with the dollar limit. It's not worth it for the store to worry about transactions of this size.

BTW, some debit cards do have fraud protection. Check with your bank, but increasingly they do. Banks love debit cards, it's by far the cheapest thing for them to process, and in the case of mine, you get cash back from using your debit when signing.

When you sign for a debit transaction, or basically, anytime you don't punch a pin in, the bank gets paid a percentage of the transaction as a fee... if you punch the pin in, the merchant isn't charged nearly as much, and the bank foots most of the cost of processing..

Cash back debit rocks.. I got over a hundred bucks last year in reward. I just use mine to pay for pretty much everything. It has the same fraud protection as a credit card too btw.
 
Gibson486

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Since it is a bank card, some places don't check it since teh transaction comes straight out of your account since it really is a debit card (even though it acts like a credit). However, dipsuting a credit charge off of it is easy. Instead going through the visa or mastercard network, you go through the bank. The bank refunds you while they dispute teh charge with the credit card network. This is how Sovereign Bank does it.

BTW, I hate cash debit back. You get charged around $1.25 for every transaction you make under the debit network. True it cost more at an ATM, but i dont think it would hurt much to go to your own bank's ATM (usually free of charge) before going out.


edit: I dont think it matters anyway since lots of emplyees dont even verify the sigiture for credit cards anymore. Sad, but true.
 
Gibson486

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Originally posted by: knivox
Text
Click to expand...

I agree with this guy. I used to be an asst. manager at a supermarket and it made me tick when I saw cashiers not check signitures. In one day, the cashiers let 5 stolen credit cards go through. All of this could have been prevented by checking the signiture. The card compnay sent us the receipts back and the the signitures were scribbles and lines.
 
Amused

Amused

Elite Member
Apr 14, 2001
57,235
19,078
146
The local Panera Bread stopped asking for sigs for purchases under $20, then started up again because people complained.
 
RossMAN

RossMAN

Grand Nagus
Feb 24, 2000
78,991
425
136
Originally posted by: TheGameIs21
I am going to get rid of my Debit card since there is no protection from illegal purchases.
Click to expand...

That's not the whole truth. Most large banks and VISA/MC offer fraud protection against unauthorized transactions on debit cards.

You're more likely to get your cc/debit card number stolen from your local restaurant than you are buying something online.
 
Svnla

Svnla

Lifer
Nov 10, 2003
17,986
1,388
126
Originally posted by: RossMAN
Originally posted by: TheGameIs21
I am going to get rid of my Debit card since there is no protection from illegal purchases.
Click to expand...

That's not the whole truth. Most large banks and VISA/MC offer fraud protection against unauthorized transactions on debit cards.

You're more likely to get your cc/debit card number stolen from your local restaurant than you are buying something online.
Click to expand...

Here is what my bank says about Debit card protection......."Your CheckCard is covered by VISA?s zero-liability protection, so you don?t have to worry about unauthorized signature-based purchases if your card is ever lost or stolen." I think it is as good as you would get with credit card.
 
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Dunbar

Platinum Member
Feb 19, 2001
2,041
0
0
They do this at my local Chipotle and it saves so much time. I hate always having to worry about cash.
 
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