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#1107215 - 01/07/09 11:34 PM Tax Refunds and Debit Cards
Runreb Offline
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Runreb
Joined: Apr 2002
Posts: 480
Regarding tax refund debit cards with m/c or visa logos, my prior understanding was that a bank could not refuse to accept or charge a fee for (over the counter or ATM) cash withdrawals. Is anybody aware of any changes to this or would you have a specific section to reference in their rules?

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#1107240 - 01/08/09 12:46 AM Re: Tax Refunds and Debit Cards Runreb
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 79,281
Galveston, TX
It would depend on your merchant agreement with the various card providers, i.e., Visa, MC.
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#1108125 - 01/09/09 12:36 AM Re: Tax Refunds and Debit Cards rlcarey
Runreb Offline
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Runreb
Joined: Apr 2002
Posts: 480
What would be the chain of events if the bank advanced cash against a tax refund (visa or m/c) debit card and the card had been stolen? Also, are you accepting both embossed and unembossed cards this year during tax season?

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#1109604 - 01/12/09 11:35 PM Re: Tax Refunds and Debit Cards Runreb
Runreb Offline
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Runreb
Joined: Apr 2002
Posts: 480
Any thoughts?

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