cashback or cash machine??

opinions4u

joe134 wrote: »

:rotfl:Since when have banks been bothered about the law, except the law of the jungle;You obviously haven,t tried to convince a teller that the forged not/es in your hand came from their machine. They should, because they should note the numbers of the notes loaded.Try and get a receipt for cash deposited.They are a law unto themselves.:rotfl:

Don't be so bloody ridiculous!

Gordon_the_Moron

slinga wrote: »

Can you get cashback with a credit card and/or a debit card?

Do banks/supermarkets add a percentage on the cashback as a 'handling fee'???

Supermarkets will give cashback when you pay with a debit card but not a credit card, the person that said it does not incur a fee when you use a debit is completely wrong.

If you use a credit card they are charged a percentage of the transaction so it would cost them money to give you cash back. If you use a debit card they are charged a fee per transaction so it doesn't add any extra cost to the transaction (plus it saves costs in banking the money as they then have less cash on the premises)

nibs

Lokolo wrote: »

I've had my card cloned once, and it was from a petrol station till. Never happend with a hole in the wall

Same here ....

joe134

opinions4u wrote: »

Don't be so bloody ridiculous!

All new notes put in machines, are logged and serial numbers taken.Thats fact;How the hell do you think they trace stolen money from bank raids etc.I have several friends who only do ATM,s for a living, all the big boys.you would be suprised at what does go on, behind the scenes;;;
I,m suprised you have so many medals with that attitude.Standards must be slipping .

opinions4u

joe134 wrote: »

All new notes put in machines, are logged and serial numbers taken.Thats fact;How the hell do you think they trace stolen money from bank raids etc.I have several friends who only do ATM,s for a living, all the big boys.you would be suprised at what does go on, behind the scenes;;;

This is quite simple Joe.

Many banks and building societies will use "ATM Fit" used notes. These have the advantage of being unlikely to stick together, so reduce the risk of the ATM dispensing two notes for the price of one. The time involved in recording the serial numbers of each individual note loaded in to an ATM would be significantly more from a cost point of view than the risk of a forged note appearing.

I,m suprised you have so many medals with that attitude.Standards must be slipping .

That's the choice of others. You don't need to thank me for putting you right if you don't want to.

joe134

Gordon_the_Moron wrote: »

Supermarkets will give cashback when you pay with a debit card but not a credit card, the person that said it does not incur a fee when you use a debit is completely wrong.

If you use a credit card they are charged a percentage of the transaction so it would cost them money to give you cash back. If you use a debit card they are charged a fee per transaction so it doesn't add any extra cost to the transaction (plus it saves costs in banking the money as they then have less cash on the premises)

I think slinga was asking does the punter incur a fee, not the retailer, my answer was correct, if mispelt.Get cash from the hole using a C/c and you will incur a charge, not using a D/c.Supermarkets ,as you say, will not cashback using a C/c, but will with a D/c at NO cost to the punter.I think that,s what I said originally.? Yesterday was Blackday, not today

hunsbury0

I remember watching a consumer a/c where someones card was cloned & also they had captured the pin number, but the bank refused to believe that a cloned card was used for the withdrawl, because the correct pin number was used.
The investigator said that if the bank asks you to cut the card when they issue a replcaement for fraud, it is wise to retain the old card as the chip records the transaction done on that particular card, which may come handy if you had the need to use a professional investigator- do not expect the banks to help you as they are the judge & jury!!!! & therefore their ruling will be always in their favour.

pqrdef

opinions4u wrote: »

he time involved in recording the serial numbers of each individual note loaded in to an ATM would be significantly more from a cost point of view than the risk of a forged note appearing.

If roadside cameras can read registration numbers, it can't be that hard to invent a banknote serial number logging machine.

joe134

pqrdef wrote: »

If roadside cameras can read registration numbers, it can't be that hard to invent a banknote serial number logging machine.

They exist. My nephew, believe it or not, launders money for RBS at their main place in Hampshire.He takes the old used Coins/ Notes, washes, cleans re-bundles, and bags them ready for re-use in banks an d ATM.s They have a scanner that notes the serial number of every note cleaned,bundled and which ATM or Bank it,s gone to.Recycled.It,s like the post offices postcode reader, and they are fast.The banks know everything, but don,t want us to.Just to lighten this subject, my friend I mentioned who looks after ATM,s, part of a team, for all major banks, inadvertantly, set off the safety device whilst working on one of HSBC,s ATM,s.My branch actually. Not only was he covered in Blue dye, but several thousand notes also were wasted.No problems, because the notes were logged, and just replaced.Just a bit of paper, as long as number is legible;We call him Blue now, out of High Chaperal.Giving age away.These guys set up/maintain most banks databases comps/new and old, but even they have the agro as you and I with day to day banking