In article
,
DerbyDad03 wrote:


I believe so, at least mine is.

However, my checking account isn't the only account that has cash in it. I
can transfer cash from my savings account to my checking account or
withdraw it outright. I was responding to your claim that "you have no cash
to pay anything until the fix is made".

Good point, although the stats suggest there are relatively few with
hefty savings accounts.
--
€œStatistics are like bikinis. What they reveal is suggestive,
but what they conceal is vital.€�
€” Aaron Levenstein

Kurt Ullman wrote:
In article
,
DerbyDad03 wrote:


I believe so, at least mine is.

However, my checking account isn't the only account that has cash in it. I
can transfer cash from my savings account to my checking account or
withdraw it outright. I was responding to your claim that "you have no cash
to pay anything until the fix is made".

Good point, although the stats suggest there are relatively few with
hefty savings accounts.

I don't recall using the word "hefty". ;-)

On Tue, 31 Dec 2013 14:42:30 +0000 (UTC), DerbyDad03
wrote:

Kurt Ullman wrote:
In article
,
DerbyDad03 wrote:

Kurt Ullman wrote:
In article ,
wrote:

That's really the only difference between a CC and debit card (unless
the PIN is compromised). If you're in the habit of running your
checking account to zero, this is only one of the many problems that
you're setting yourself up for (and it's reversible).
But even if you aren;t one who keeps it near zero, someone gets the PIN
and loots the account, then you have no cash (essentially) to pay
anything until the fix is made.

That assumes that the DC account is the only account with available cash.
It's not that way in my case.

Don't DCs have to be tied to checking accounts?

I believe so, at least mine is.

However, my checking account isn't the only account that has cash in it. I
can transfer cash from my savings account to my checking account or
withdraw it outright. I was responding to your claim that "you have no cash
to pay anything until the fix is made".

Not to mention that it's possible to have more than one checking
account. ...more than one bank, even.