Can someone use my debit card without me knowing?

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asked Jan 16 in Other-Finance by Quackenbush (6,870 points)
Can someone use my debit card without me knowing?

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answered May 30 by Carebear (15,360 points)
Someone can use your debit card without you knowing it even if they don't have the physical card.

If someone has your debit card or credit card numbers and your name, billing address and the 3 digit code on the  back of the card they can remove money from your debit card online or use it for purchases.

Fraudsters and scammers can also get your debit card information through skimmers installed on credit card processing machines, ATM machines or even on gas pumps or anywhere else where you use your debit card.

If your ATM card is blocked you can't withdraw money from an ATM machine or other bank unless you contact your bank to have the ATM card unblocked.

Sometimes the ATM card will be blocked mistakenly when the computer system detects some unusual activity and simply calling up the bank or visiting your bank can fix the issue.

The ATM that lets you withdraw the most money is Morgan Stanley bank ATM machines which allow you to withdraw up to $5,000.00 a day.

Chase allows you to withdraw up to $3,000.00 a day from their ATM, Truist bank ATM machines allow you to withdraw up to $3,000.00 a day and Citi bank ATM machines allow you to withdraw up to $5,000.00 for a Citigold account and up to $2,000.00 for a Citi Priority account.

However you can only withdraw up to around $600.00 at even these ATM machines at a time and you have to pay the fee again each time you withdraw the money until you reach the maximum amount.

If you can go into the bank it would be better to withdraw larger sums of money from your bank account with your card or direct from your bank.

The cost to withdraw money from an ATM varies from ATM machine to ATM machine but the average ATM fee is between $2.50 to $3.00 or between $4.00 to $5.00

ATM machines can be owned by individuals or banks and they can set their own ATM fees.

If you use an ATM machine that your bank owns then they may not even charge a fee to withdraw money from your account.

The amount of money you can withdraw from an ATM varies depending on the ATM machine.

Smaller ATM machines may allow only $100.00 withdraw at a time and larger ATM machines usually allow up to $600.00 at a time.

You can then do the transaction over again and pay the fee again to withdraw more cash.

You can use any ATM to withdraw money from your bank account through your bank card or debit card.

You can also use any ATM machine with a credit card.

Some banks will allow you to use your bank card or debit card without any fees if you use their ATM machines in their network.

However you can go to any ATM machine and withdraw money from any ATM machine with your bank card or debit card with your PIN number but there will be a fee at out of network ATM machines.

The fees for out of network ATM machine use with your debit or bank card can vary but usually range from $3.00 to $4.00 but can sometimes be higher.

Most ATM machines only allow you to withdraw up to $600.00 at a time and may have a daily withdraw limit which can vary.

You can also take your debit card or ATM card into most banks even if they are not the same bank as yours and withdraw cash that way as well and they may do it for free or charge a fee.

Automated teller machines (ATMs) link your debit card to your checking account, giving you full access to your funds.

As most machines accept all cards, you can most likely use any ATM, no matter who you bank with.

If you use an in-network ATM to withdraw cash with your debit card, the transaction will be free.

If you're in a pinch and use an out-of-network ATM, you'll likely get hit with a transaction fee from both your bank and the ATM provider.

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