Yes, the credit card companies pay out


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Posted by Limerick on Sunday, 20. January 2008 at 08:04 Bali Time:

In Reply to: Why leave deposit posted by notmekim on Sunday, 20. January 2008 at 05:05 Bali Time:

when fraud occurs on our cc. This is why the banks are now pushing for us to open DEBIT card a/c. Therefore, if/when we lose money to either fraudsters or paying for goods online, the banks don't have to pay up - WE do!! The thing is this: Don't open DEBIT accounts. A debit account is in the banks' favour, not ours.


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