• rmrf@lemmy.ml
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    2 days ago

    Virtually any place that accepts a credit card will accept debit cards, too. Actually, most debit cards can be processed as credit cards. The comment you responded to simply highlighted that this trick is much easier to pull with credit card than a debit card, as the creditor hasn’t yet been repaid for the credit issued.

    • Wispy2891@lemmy.world
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      1 day ago

      it’s because with credit cards they can check the credit limit, then be sure that the card can pay the insurance deductible in case of crash

      instead with debit i can rent a car, close or deativate the card, crash/total the rental car and then avoid paying any extra fee

      most rentals don’t rent with debit cards because they want to be sure, and who accepts debit:

      1. they preauthorize thousands of dollars instead of hundreds
      2. they only rent the lowest end of the available cars