The September issue of Consumer Reports details what we have long been warning, that banks try to force consumers to get debit cards, but use it as a credit card.
Click here to view the entire story about "why do banks push debit cards for every purchase you make? Because they stand to make millions--largely at your expense..."
"Debit rewards: More glitter than gold."
According to Consumer Reports, "a Visa Extras roundtrip airline ticket from the U.S. to Europe would require 200,000 points--or $400,000 worth of spending on those debit cards for a ticket with a value capped at $1,100."
[Source, via Sept issue of Consumer Reports.Org]
