[at-l] Debit Cards

[WHHAWKINS@aol.com]

Check out the "Smart New Way to Pay" Brochure from the Consumer Information 
Center.

What Savvy Consumers Need to Know About Debit Cards. Explains how debit 
cards work and what to do if your debit card is lost or stolen. Includes 
10 tips on how to protect your card and a special form to keep track of 
card numbers. 7 pp. (1997. USDA) 583F. Free. 

This is online at the following URL. 

http://www.pueblo.gsa.gov/cic_text/money/debit-card-savvy/wave.html

 <A 
HREF="http://www.pueblo.gsa.gov/cic_text/money/debit-card-savvy/wave.html">Cli
ck here: Smart New Way to Pay</A>

_______________
In The Tampa Tribune's, Sunday(Feb 13, 2000) MoneySense section.
Story: "Law leaves debit cards more velnerable"

The following is from that story.

   By federal law, credit card users' liability on purchases made with lost 
or stolen cards us capped at $50.

   The law doesn't go that far for debit cards.

   Debit card users must notify their bank within two business days after 
their cards are lost or stolen to have the same protection. After the first 
two days, they're liable for up to $500.
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