Write a check or make a withdrawal slip

debodun

debodun

SF VIP
Location
way upstate in New York, USA
Does it matter if someone runs short of cash and wants to draw on their bank account whether they write themselves a check or make out a direct withdrawal slip?
 

Deb, it does not matter if you use a check or withdrawal slip. Are you thinking of bank penalties for one over the other? Unless you pay a few cents to write a check, no. And...............you can always ask the bank.
 

debodun said:
Do you need a credit car for that?
Click to expand...
My account comes with a debit card, does yours?

Also, I have written a check out to "Cash" for myself before and have also used a withdrawal form. I have totally free checking though so everything I do costs me nothing. Well, if I use my debit card at a place that is not my bank there is a fee usually. That's the only time I get a fee.
 
Years ago I was issued a bank card (I'm assuming debit) and I never ever used it. I'm kind of afraid of them vs. a credit card which I believe has more protection.

I don't think it matters if you do one or the other @debodun except if you pay for your checks, you just used one.
 
I just write a check for cash. My bank doesn't give out debit cards either. You have to request one, then they decide whether or not you deserve one because they are the kings of their banking domain.
 
Just curious. Why would you think it would matter? No matter which way you do it the money is coming out of your account. And hopefully, no matter which way, your bank would require ID before issuing the cash.
 
You pay for checks

You don't pay for withdrawal slips.

Debit cards are the easiest thing in the world to hack. Direct link to your checking account too.

I have not used an ATM in 20+ years and I never use a debit card to buy things even though my bank gives them to me.

I Use a credit card to buy things as they have fraud protection.
 
J.B Books said:
You pay for checks

You don't pay for withdrawal slips.

Debit cards are the easiest thing in the world to hack. Direct link to your checking account too.

I have not used an ATM in 20+ years and I never use a debit card to buy things even though my bank gives them to me.

I Use a credit card to buy things as they have fraud protection.
Click to expand...
You make good points about the checks vs withdrawal slips and excellent points about debit cards. I have so many checks that it will take me years to use them. I only write one check a month. I only use debit cards to keep them active. I can count the times I've used a debit card on one hand since I got my first one, probably 30 years ago. I would never use them for purchases....no protection, no points.
 
You must log in or register to reply here.

Back
Top