Quote:
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A US debit card on the other hand, even if it is run by Visa or Master Card, is like cash. Once the payment is out of your hands there is no recourse.
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Bull Schiess
Unfortunately a few months ago someone from Luxembourg gained access to my Capitol One Debit card.. they did the aforementioned test uses... a few bucks for a few transactions to test the card.... then they went into full charge mode...
Capital One shut down the attack within seconds, cancelling my card, They issued me a temp card at a local branch the next day, when I discovered upon trying to use my card at an ATM that is was denied..
They also credited my account for the charges the thief tried to post... a little more than $1500
While it was a pain in the butt for a few days... A US Banks Debit Card (Mastercard) had fraud protection was in place and worked well