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College and University Discussion
Reply to "checking accounts? Debit cards?"
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[quote=Anonymous]Another advantage to a debit card vs a credit card. My kid called to tell me he'd lost his wallet. You'd think I'd be freaking out. Well, not so much. He only had $38.00 in his account. And he never has much money in his account. I transfer small amounts of money in frequently. Students frequently lose things - and then find them again. Sure enough 2 days later the RA contacted him. The wallet had been turned in. Everything in place. I hadn't cancelled the card which turned out to be very convenient. I wasn't concerned re losing $38 and he doesn't have overdraft protection.[/quote]
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