(Closed) What payment method to use for online purchases

posted 7 years ago in Money
Post # 3
Member
913 posts
Busy bee
  • Wedding: April 2014

I have a credit card with Bank of America and they let you create a unique cc# for each purchase. You set the credit limit and expiration date. I use this on any questionable websites as well as when I want to make sure that the charge doesn’t auto-renew (like a magazine subscription). I believe Citibank and Discover cards also offer something similar.

Post # 4
Member
2889 posts
Sugar bee

Was it a debit or credit card? I use my credit card for online purchases and leave my debit off the internet because the credit card does not involve access to instant money. My numbers and actual card (from the mail) have been stolen in the past and my bank as caught the numbers while I caught the missing card. There are insurances on credit cards that Debit cards don’t have or require a longer process so I feel comfortable in this decision. There are also these disposable credit card numbers you can get if you are really worried.

Post # 5
Member
1557 posts
Bumble bee
  • Wedding: September 2012

I try to only use my credit card online but I still find that if I’m in a hurry I’ll use my debit card (I have the # memorized). Usually you get better fraud protection thru your credit card. I had my credit card # stolen and sold to many people a few years ago. I caught it early on when a vendor who received it thru his website googled my name and called me at home, which was super nice. Unfortunately, I think it was stolen when I used it online at alldaychemist.com to buy retin-a cheap. I know it wasn’t a smart move so I no longer use them. Keep an eye on your credit report. When I had reported my card as stolen, they took a few points off my credit score b/c they CC compnay reported at stolen due to frivolous use! I was made but was score was still high so I didn’t complain too much.

Post # 6
Member
2232 posts
Buzzing bee
  • Wedding: September 2012

I only use my credit card online and I’ve never had a problem. I had a problem when I paid for something in person with my CC and then a few months later when I was living in another country I saw another charge for it! WTF. Obviously my CC company reversed the charge because they had it on record what dates I would be out of country.

I used to process credit card transactions that my former employer received online (they would still have to be checked manually for duplicates or transactions that didn’t go through). Yes once you put your number out there it’s there for other people to see and steal. I had access to hundreds of company cards but obviously I have more values than that & would not do that. 

You can always get the pre-paid cards if you are worried. Typically your cc company will re-imburse you for charges you didn’t make.

Post # 7
Member
1729 posts
Bumble bee
  • Wedding: December 2012

i use paypal for anything i can.. even bill paying at times

Post # 9
Member
10287 posts
Sugar Beekeeper
  • Wedding: October 2011

We use PayPal for everything that accepts it. When PayPal isn’t a payment option, we use a debit card that is only linked to one specific account where we transfer funds in and out of. Its one extra step so some may find it to be a pain but after having fraudulent activity on one of our accounts last year, it’s worth it for the extra protection. We only transfer enough money into the account to cover our purchase (though we normally round up so there’s a small cushion). If someone got the card number, there’s not much they can get with the remaining $10 or so that’s in the account. A prepaid card is also an option though I would personally find it kind of a hassle to have to keep reloading it, especially if you have to go to a retailer to do so. A lot of prepaid cards also charge an activation fee ranging from $3-$5 so you’d have to decide if that’s worth it for you. 

Post # 11
Member
3618 posts
Sugar bee
  • Wedding: November 2011

We like to use our AMEX when we buy things online since they have excellent customer service and we know if anything happened they would be able to take care of it for us.

Post # 12
Member
4284 posts
Honey bee
  • Wedding: June 2012

Paypal for sure!

Post # 13
Member
680 posts
Busy bee
  • Wedding: February 2012

Paypal for everything that will take it, or a credit card if not. I try really hard now to not use my debit card for much, since I had my account wiped out a couple summers ago. My bank alerted me to “suspicious activity” on my card, of course after my checking account was empty and it dipped into my savings acct. Took me a month to get my money back. To say I was annoyed that they could tell me something’s wrong then basically tell me tough cookies that you have NO money while they “investigate” and make sure it wasn’t me that spent the money, would be an understatement. Needless to say I changed banks. Ha! It still steams me up..

It’s a crappy experience, sorry you’re having to deal with it!

Post # 14
Member
127 posts
Blushing bee
  • Wedding: September 2014

@Jennawesbren: I have been using a pre paid visa.

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