Many people use both credit and debit cards interchangeably out of habit. The main difference between a debit and a credit card purchase is that a debit card creates a DIRECT link to your bank account and money can be taken out quickly. Generally, a debit card is fine for most things, but the following 4 purchases should be made with a credit card whenever possible:

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We normally think of phishing attempts as those that come through your email or from malicious websites, but they can also come from phone solicitations as well. Case in point, today we received an alert that several consumers have received automated phone calls telling them their credit or debit cards have been locked or temporarily suspended. Conveniently enough, the message also invites them to enter information over the phone to solve the problem. BBB warns this not to be done.

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The summer season has officially arrived and that means vacations are right around the corner. With credit cards replacing traveler’s checks in popularity while away from home, it’s important to make sure your personal information stays safe. According to a 2009 Javelin Strategy and Research study, 43% of all fraud cases were due to lost or stolen checkbooks, debit cards and credit cards. BBB advises consumers on the go to keep these tips in mind…

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