Tag Archives: debit cards

Shoppers Accidentally Charged Double on Black Friday

A growing number of Toys “R” Us shoppers on the East Coast have come forward to say that in the scrum of Black Friday sales, the toy retailer charged them twice by accident. Sales errors have been reported in New York, Florida, and Georgia, with more complaints coming in as consumers check their statements, but Toys [...]

Do You Need Overdraft Protection on Your ATM or Debit Card?

Washington Post columnist Michelle Singletary recently wrote about an important change in the rules on overdraft protection that will apply to any consumer who uses an ATM or debit card. The Federal Reserve has proposed giving bank customers the right to choose whether to enroll in overdraft protection for ATM withdrawals or debit card purchases. Opting out [...]

Should Teens Be Allowed to Have Debit/Credit Cards?

Kiplinger‘s Personal Finance Editor Janet Bodnar wrote a feature on credit cards, debit cards, and teens. Her article recieved a large number of responses from parents who wanted to weigh in on the issue–one that I find very interesting and relevant to what’s happening in today’s economy. Bodnar questioned whether parents should allow teens to [...]