I have an honest question I can’t wrap my head around, and I’m curious if any OMAAT readers can help. Does anyone understand why people selectively stress over credit card fraud when sharing credit card details with others? I assume it’s just one of those irrational things, but I’d love to know if I’m missing something…
Let me state upfront that all of the below is specific to US-issued credit cards, based on the consumer protections that are in place here.
Let me give an example. Some time back I spoke to someone who explained to me that he’ll only use a debit card for purchases abroad. Why? As he explained, because if he used a credit card and it got stolen, someone could “access” his full credit line, while if he used a debit card, they could only “access” the couple of thousand dollars in that account.
A great solo travel tip spotted this week on One Mile at a Time.
