said by Hayward0:said by pike:It seems to be a good trade-off of convenience and security because you get all the zero-liability protections of a credit card for online and signature transactions. You just need to remember to pay the credit balance off each month I suppose.
Well I'd like to see that agreement (not really... not being a lawyer) but I highly doubt if not mandated they would voluntarily provide all the benrfits of a credit card.
A line of credit is still your money/debt not theirs as a credit card is.
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www.53.com/doc/pe/pe-rul ··· -grp.pdfIt's a true credit card. The consumer's funds are not used in the line of credit for signature transactions, but a PIN transaction would process from the checking.
They also can overnight a card to a retail center, but it would depend on the relationship of the customer.