shnnn

Your insurance card has your address on it, is easier to grab than the GPS is to turn on, and is required to be in the vehicle.
and as for giving pin numbers... my pin number is not the same as hubbies pin number... and if he sent me a text message asking me for his pin number I think I would be calling him back to check if he had whacked his head or something.
I will still have family members listed as who/what they are because if something happens to me instead of meaningless names, EMT's or whoever will have ICE/hubby, and MOM to call.

pasolovers

Great tips..thank you for sharing.

Stitchit123

I use a debit card for purchases but the first time I used it at the ATM to save time Well I messed up I only wanted $100 and got $1000 -I no longer have that kind of money-so I had to go in and return the excess and the teller said the only limit is whats left in the ATM machine and the customer has to set up a daily limit for ATM withdrawals

Peckish

How bizarre. It is exactly the opposite in my area of the country. If you want to withdraw more than $300, you have to go into the branch and arrange it with the bank/credit union, which then makes using the ATM pretty much useless. Might as well just make a withdrawal right there at the counter.

My insurance card does not have my home address printed on it, but my registration from the DMV does, and that HAS been stolen from my vehicle. It's also required by law to be in my vehicle, so I'm not sure how you get around that, unless you hide it somewhere good (and thereby make the police officer who pulled you over verrrry nervous when he asks for your registration).

shnnn

I think my bank has a $300 daily limit for ATM by default - and that includes debit with pin # --- I had to call them and have that changed, since everything over a weekend technically posts to the following business day $300 isn't much on a long weekend - I can spend more than that in 1 grocery shopping trip! The daily limit on debit as credit card was $1000 I think too... I did notice the ATM itself has a $500/transaction limit now. I think that's more to keep you from emptying the machine than anything. But, the bank sets the policy.

Peckish

Oh, I was talking about cash withdrawals, not point-of-sale transactions. Point-of-sale can go as high as you want. However, you can only withdraw $300 CASH maximum per day. So, if someone were to steal your card and get your pin, the most they could withdraw from your account would be $300 per day. However, if they were able to successfully use your debit card to make purchases, then the amount is unlimited (or limited to what's in the account).

Linnie

Great info!!!

shnnn

My bank doesn't group it to cash/purchase - they lump it in pin/non-pin. So ATM and pin purchases both come out of the same limit - so a $300 limit would include the $40 I took out of the ATM and the $200 I spent on groceries. Silly banks

Peckish

Okay now THAT would get me to change banks. lol

kathome

Oh my goodness.... I never thought of any of these sneaky idea. I guess I wouldn't make a very good thief.

But seriously, many thanks for the tips. I'm going to post on my facebook.