8 Tips for Using Check Cards
1- Keep receipts and note debits in checking register.
2- Check account balance frequently either online or through the bank to avoid overdraft.
3- Beware of bank overdraft policies and fees. Customers can decline the bank's "convenience" coverage for overdraft, which could cost high fees if they overdraw the accounts. Instead, sign up for overdraft protection that is covered by a savings account.
4- Most check cards now have "zero liability" protection that exceeds what the federal law call for, so security is a lesser issue. Still, consumers should check with their banks to see how debit transactions are processed. Only those going through the Discover, MasterCard, or Visa networks may be covered by zero liability.
5- PIN transactions are more secure than signature transactions, although most don't qualify for reward points.
6- If consumers pay off their credit card balances each month, they're better off using a credit card with rewards for purchases than a debit card or check card.
7- Find out what the bank's daily limit for usage is for your checking account.
8- If a cardholder's balance is low, it's best not to use debit for purchases such as gas, where a hold of at least $50 will be placed on the card.