Cheque vs Debit cards

Also, since cheque cards are either Mastercard or Visa, you can use them to shop online.
Click to expand...

I am with FNB, got a gold cheque account card recently with a chip, tried to buy online from Take2 and it didn't work? I guess I should try steam or something to confirm...
 
@ passive I also have a gold cheque card and PicknPay refused to let me draw money from them.
 
tau1z said:
my cheque card needs a pin, its one of those chipped ones. I am almost certain all new cheque cards have this now
Click to expand...

I just picked mine up, and it's not chipped. Odd, I thought it would be.
 
CathJ said:
Cool - I already have a credit card, so I don't need it to shop online; the main benefit to me is that debit card purchases aren't included in my cheque account's fixed monthly fee, but cheque card purchases are. So it looks like there's no reason not to switch.
Click to expand...

I also thought no fees when applying but it's not true. If you bank with say Standard Bank and the swipe machine is FNB there is still a R4 fee per transaction your paying so now your paying R140 a month + R4 every time you swipe. Which works out the same as using a debit card.

The only way to truly not pay anything is to use Credit Card.
 
Mike Hoxbig said:
Also, since cheque cards are either Mastercard or Visa, you can use them to shop online.
Click to expand...
Not so convinced about that one. Cheque cards don't involve any actual credit being granted. You can take your account into the negative with them, but thats the same for debit cards because the "credit" portion is built into the account not the card.

I know Std Bank cheque accounts by default do not allow you to push them into the negative. You have to apply for that.

Strangely though they do credit checks when issuing cheque cards. :confused:
 
After many years finally gave up on ABSA. Collected my cards from FNB yesterday and they have chips. Credit card is also protected with a PIN. Also the cheque card works fine for online purchases, it seems like it can also be linked to PayPal using the linked service from FNB.

About to spend thousands on new appliances etc. trying to figure out if it's better to pay from ABSA accounts or transfer my cash across to FNB first...
 
Last edited:
RVQ said:
After many years finally gave up on ABSA. Collected my cards from FNB yesterday and they have chips. Credit card is also protected with a PIN. Also the cheque card works fine for online purchases, it seems like it can also be linked to PayPal using the linked service from FNB.

About to spend thousands on new appliances etc. trying to figure out if it's better to pay from ABSA accounts or transfer my cash across to FNB first...
Click to expand...

FNB you get E-bucks when you spend on the cards so rather transfer first.
 
HavocXphere said:
Not so convinced about that one. Cheque cards don't involve any actual credit being granted. You can take your account into the negative with them, but thats the same for debit cards because the "credit" portion is built into the account not the card.

I know Std Bank cheque accounts by default do not allow you to push them into the negative. You have to apply for that.

Strangely though they do credit checks when issuing cheque cards. :confused:
Click to expand...
I didn't say anything about credit :confused:

I said that they're either Mastercard or Visa.
 
RVQ said:
Thanks for the advice, was thinking the same thing...
Click to expand...

remember to link your account with ebucks, its free on certain accounts and like 140-170ish id u only have their cc
 
passive said:
Can you draw from till with your card?

I am due for new card mine is a bit worn, is it just me or does the cards not last as long as it used to?

I almost slapped someone the other day, it looked like she was taking out all her anger out on my card..
Click to expand...

Some of these supermarket tellers go ape when trying to swipe your cards.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X