:credit_card: Cards
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Who drives stick these days?
They're kind of like vegans in that you don't have to ask; they'll tell you!
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In my experience, they will, but only after the fact.
Ewww. The only times I've done that, the recruiter paid for the hotel, air fare, etc., up front, and since I was going to be working with someone else from the same company, she met me at the airport, so I didn't even have to worry about getting a car.
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They're kind of like vegans in that you don't have to ask; they'll tell you!
Not only did you get a like, but here's a QFT. On top of that, the first reply was from exactly who I thought it would be from!
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On top of that, the first reply was from exactly who I thought it would be from!
But that was just a shitty movie quote! And I own WAY more automatic transmissions than manuals.
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@FrostCat said:
On top of that, the first reply was from exactly who I thought it would be from!
But that was just a shitty movie quote! And I own WAY more automatic transmissions than manuals.
But you have at least one manual, right? Relax, it's not (quite) as bad as having syphilis.
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Better to be the weirdo with syphilis than be like everyone else and have AIDS
https://www.youtube.com/watch?v=5yC7HwPh6EsThis is the second time today that I have used that line and Youtube link. In two completely different contexts. Is the universe trying to tell me I actually have syphilis?
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@FrostCat said:
But you have at least one manual, right?
Nope. Sold it to my brother.
Odd, you don't look like @weng.
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But my question is: does the cards with a chip in them need to be RFID-blocked? Is that what this wallet is for?
No, not unless it also works with tap-to-pay systems. You could have both in the same card, but the chip and pin stuff isn't wireless, it's just an embedded smart card.
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Odd, you don't look like @weng.
How do you know this? Have you ever seen us together in the same room?
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I just pay for gas with gift cards.
http://www.ragefacecomics.com/faces/jpg/neutral-whyyyyy.jpg
The 5% cash back you're missing out on is calling to me.
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The 5% cash back you're missing out on is calling to me.
They wouldn't give you cash back unless they expected to make that and more from the interest charged.
Look, if you like credit cards. Fine. Knock yourself out. I'm not telling anybody what to do with their own money.
I think they're a bad idea. I don't use them.
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How do you know this? Have you ever seen us together in the same room?
Looks different to me:
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I suppose you could pay with a card, leave the tip line 0.00 and tip in cash, but I doubt many waitresses will be happy with that solution.
having friends who work in foodservice i can tell you that universally they would prefer the tip to be in cash.
credit/debit/check leaves a paper trail, cash doesn't.
when you leave cash they don't always report the tip for various reasons (usually to do with tax brackets) but the credit doesn't give them the luxury for that.
additionally with cash they get the tip today, with credit/debit/check they often get the tip a pay period after the visit (so up to a month later if they're on a biweekly pay period)
of course that's here on the east coast. Things might be different over there in seattle, but i doubt they are that different.
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They wouldn't give you cash back unless they expected to make that and more from the interest charged.
I'm charged 0 interest when I pay with a credit card because I pay it off when the bill comes.
I realize that a good portion of people don't.
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usually to do with tax brackets
People don't understand how tax brackets work. Color me surprised.
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I'm charged 0 interest when I pay with a credit card because I pay it off when the bill comes.
i have yet to pay a penny of interest for exactly this reason.
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People don't understand how tax brackets work. Color me surprised.
some people understand them very well indeed
it's amazing how much of a difference moving from one tax bracket to another can make to your weekly takehome.
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@accalia said:
usually to do with tax brackets
People don't understand how tax brackets work. Color me surprised.
It's not brackets, it's taxes at all. You don't get taxed on income you don't report, and you can't not report credit card-paid tips.
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it's amazing how much of a difference moving from one tax bracket to another can make to your weekly takehome.
... you don't "move" from one bracket to another. You're kind of demonstrating JazzyJosh's point.
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i have yet to pay a penny of interest for exactly this reason.
I got charged credit card interest once this decade because of an accounting error (TLDR I switched bill payment mechanisms a few months ago and screwed up the dates). I will never be the same for my loss of $12.40!My backup Amex does carry a membership fee, though. I should probably change that.
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I get charged interest between the day I use it and the day the bill comes. It's smaller than the rate that is charged after the bill, which is more than 200%/year.
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That practice is largely dead in the US. Consumer demands drove prettymuch everybody to a 30 day grace period. The CC providers (Visa, Mastercard, Discover, American Express) make their money off merchant charges (~1% ish right off the top of every transaction from the merchant side), and the banks (and independent issuers like Discover and American Express make their money off the people who suck at credit cards.
As for why they don't just make more money and do away with grace periods, it's politically beneficial for them to have a block of customers they can point at and say "LOOK THOSE GUYS AREN'T GETTING SCREWED!" and having people (like me) who play the game properly talking about it in front of suckers who won't be nearly as good at it is free marketing.
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it's amazing how much of a difference moving from one tax bracket to another can make to your weekly takehome.
Well, it doesn't make it go down, it's just less of an increase.
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I have no idea what's going on in this topic anymore, but I know it started with credit cards, so I'm just going to say that I very much enjoy my experience with my Google Wallet card (it's a MasterCard) - I only put money on it when I intend to use it and so even if it does get stolen it will fail to process any transactions and I can always freeze it or get a new one. I have a "real" credit card from my bank too but I use it very rarely.
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it's politically beneficial for them to have a block of customers ... (like me) who play the game properly
But they don't really like you; they call you deadbeats behind your back. Yes, people who pay their bills on time, in full, are called by the same disparaging name as people who don't pay at all.
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Yeah, and?
Actually I'm pretty sure they'd have worse things to say about me in particular, because earlier this year I dropped a $2000 check onto a friend's outstanding balance because they'd learned the lesson the hard way and didn't make enough to unbury themselves at This-is-the-unsecured-Old-Navy-Card-I-got-at-age-18-with-no-credit-history interest rates (FWIW, I don't know that I make enough to unbury myself at those interest rates)
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Whaaaaaaaaa
But how could a person who's not responsible with money have a credit card!?
You make it sound like only super-genius financial wizards use credit cards.
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No, any moron can get a credit card. It takes a nonzero level of financial maturity to be able to not screw yourself directly in the ass with it, though. It's entirely possible to get in so deep it's not practical to get out.
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Apparently I need to failover to my backup credit card because my normal one got used for some good 'ol fraud in Philadelphia yesterday.
This is particularly annoying when it happens around the end of the month, as a slew of recurring charges get declined while waiting for the new card to arrive. Then for some "special" vendors, updating the card on file doesn't run the current balance due.
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The people who suggested having to memorize a pin was too hard, and thus chip-and-signature was NEEDED to be supported, in spite of debit cards that all require pins having been around for literally 30 or 40 years, should all have been punched in the face.
So you'd rather spaff your PIN to every two-bit merchant you purchase from? So some skimmer can take a copy of your PIN and magstripe and drain your account through an ATM?
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So you'd rather spaff your PIN to every two-bit merchant you purchase from?
As opposed to a signature that nobody checks?
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As opposed to a signature that nobody checks?
ATMs don't disgorge cash with a magstripe and signature.
If the merchant fails to check the signature, that just makes it more likely the cardholder will be able to repudiate the transaction. Especially if the card is reported lost soon after.
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ATMs don't disgorge cash with a magstripe and signature.
And with the chip-and-pin, they won't disgorge cash with just the PIN and magstripe either.
It's trivial to ring up a purchase, get a good deal of cash back, and walk over to customer service to return the purchase. Or sell it on ebay. Or something.
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And with the chip-and-pin, they won't disgorge cash with just the PIN and magstripe either.
Plenty of ATMs still do.
It's trivial to ring up a purchase, get a good deal of cash back, and walk over to customer service to return the purchase. Or sell it on ebay. Or something.
I fail to see your point here. With chip-and-anything, they'd have to either have the card (in which case it would be likely to be reported lost before too long) or clone the chip. With chip-and-pin, they'd be much more likely to be able to skim the PIN.
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I'm so confused who's arguing for what technology right now.
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Chip-and-signature good. Chip-and-pin not as good for cardholder as people think.
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Ah. See, hereabouts, the fallback for not having chip-and-pin enabled is stripe-and-signature, which is what I'm arguing against. So we're good.
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So some skimmer can take a copy of your PIN and magstripe and drain your account through an ATM?
I don't live in some third-world hell-hole, so it hasn't been a problem.
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@Greybeard said:
So you'd rather spaff your PIN to every two-bit merchant you purchase from?
As opposed to a signature that nobody checks?
I deliberately draw little pictures instead of signing.
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Chip-and-signature good. Chip-and-pin not as good for cardholder as people think.
Everything I've heard says you have that backwards.
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I don't live in some third-world hell-hole, so it hasn't been a problem.
I do, and almost nothing will work with magstripes these days here, it's chip & pin everywhere.
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It's been chip-and-pin here in NL for ages, and it was swipe-and-pin before that since back when I first got a card. I've paid with swipe-and-signature once 15 years ago in France; I've heard swipe-only used to exist in southern Europe, but nothing recent.
Recently we've been getting contactless, which is convenient because I don't have to extract the card from my wallet. It always asks for PIN above €20 or so; it's always jarring if I happen to have a low purchase and it doesn't ask for PIN.
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With chip-and-pin, they'd be much more likely to be able to skim the PIN.
Getting the PIN without the chip isn't very useful, and it's pretty blindingly obvious when the card isn't given back to the customer. The chip can't be skimmed; they're specifically designed to be difficult to attack as they do a cryptographic handshake with the issuer in order to get the funds-transfer approved.
There is also an offline mode, which is useful because I've used the system in locations where there was definitely no network signal available by any mechanism (the middle of a train tunnel). I don't know how that works (signed transaction request that the merchant can send in later?).
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Sounds like TRWTF is the US banking system. If the level of fraud is really this prevalent wouldn't it be in the banks' interest to do something about it? I dunno, for example introduce a less ass-backwards authentication system?
With PIN the only practical point of attack is the ATM - place a card skimmer over the card slot and a camera to capture you entering the PIN. This does happen but comparatively it is quite rare.
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>There is a maximum amount of £30 allowed per transaction
Yes, I definitely don't want one of those.
Hm, that's a pretty odd system. Either it's specific to the UK or the text is misleading.
From my experience there is a certain amount you can pay for and not be asked for a PIN. Frequent payments below the limit also trigger a PIN check. Other than that it behaves the same as if you inserted/swiped the card.
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contactless, which is convenient because I don't have to extract the card from my wallet.
Huh. Card clash is not a thing in Netherlands?
TRWTF is US anyway, though. In here, I don't think there's any practical difference between debit and credit card, and chip and pin (or contactless) is so ubiquitous I'm pretty sure there's no place that accepts the mag strips. Or signatures, for that matter - I haven't signed a card yet, and it's never been a problem.
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Huh. Card clash is not a thing in Netherlands?
Probably with my wallet. It has a series of plastic sleeves, in each of which I insert 1 or 2 cards. The bank card is in the outermost sleeve, and for a contactless payment I just open the wallet at the right position, and hold only the half containing the bank card next to the reader.
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TRWTF is US anyway,
Oh yeah. It's an absolute dystopia here. Buildings on fire. Children crying out in pain. And all because magstripes.