Cash

[Jasey_]

rockin said:

Leaving that aside, there's no point worrying about "bank account details" on a debit card - unless you're scared of writing cheques for the same reason.

I had to order a cheque book last month because you can only pay Land Registry charges using a cheque.

The last cheque before that must have been at least 5 years ago (possibly 10 tbh).

So now when you go to your favourite pub you need to leave your name, phone number and address for Covid tracing and then leave your bank account details if you pay by debit card.

I'm happier no chancing that tbh.

[Mr Whippy]

Simpo Two said:

xeny said:

Mr Whippy said:

So what happens when the CC bill us full of payments and you have no idea a few are scams, then it’s auto-paid, and then you spit some were fraud..

I read the bill, I just only do something about it if I _don't_ want to pay it all. Economy of effort.

Quite, you have - well at I have at least two weeks notice of the DD going out and its date so you know exactly what's coming.

If you pay then I assume the CC “protection” is gone.
So the CC protection method works only if you diligently audit.


I’ve had my debit card used without my consent once.
I called the bank and they returned the money.

I’ve invoked my CC for an issue once and had equally good support.


In the days of contactless and no receipts, along with myriad online payments, it seems difficult or time consuming to audit your spending record against statements.


I’m not saying anyone or any method is right/wrong, just making it clear that the biggest protection comes from recording your spending so you can cross reference your statements.

[Simpo Two]

Mr Whippy said:

If you pay then I assume the CC “protection” is gone.
So the CC protection method works only if you diligently audit

No. I once paid a company to do some upholstery and paid them a £1200 deposit on CC. They then did half a job badly and fked off. I was able to get my money back using Section 75. Where would your £1200 cash be?

As for 'diligently audit', I'm sufficiently well aware of what and where I spend that anything unusual sticks out like a sore thumb. In about 25 years of regular use there's been only one sore thumb, when a bandit got into my eBay account and bought some iPhones. I contacted the CC company and they refunded the money.

So when your CC statement arrives, don't you have to 'audit' it just the same to make sure? You just have to make a manual payment instead of automatic.

As you say, horses for courses and if you have a system you like, that's all that matters.

Edited by Simpo Two on Monday 6th July 22:17

[Mr Whippy]

I just use CC and PayPal for internet etc.

Debit is fine in proper face to face places.

I don’t think I’ve used debit where I’m not there during transaction.


But yes I suppose other CC protection is handy irrespective of if you later pay it off.
A friend managed to invoke the threat of using it on a trader to whom he’d used the CC for a deposit on a car which later turned out to be clocked.

[Julia121]

Simpo Two said:

Julia121 said:

I've no experience of Premium Bonds are they open weekends, bank holidays etc?

Which tallies so well with the Harry Enfield video it's obviously a test and I'm going to bite...

'The subject of Bonds, and whether or not they are deemed Premium is highly complex matter, requiring Advanced Mathematics, and is therefore far beyond the grasp of the fairer sex whose time would be more appropriately spent deciding what type of kitten to buy. However if you wish to ensure that the contents of your beautifully embroidered purse are invested wisely then you may post it to me for safekeeping forthwith.'

(Don't hit me I was scriptwriting! - and knowing the way PH works you're probably a docker called Brian!)

Thanks rockin, very helpful and concise.