There are limits and you have to sign, just like a credit card. You can also lookup the charges on the Lodgenet thing on the TV.
Jeff - Advocate of Great Great Tunnels™ - Co-Publisher - PointBuzz - CoasterBuzz - Blog - Music
No, but I wasn't that worried about it. It is backed by a credit/debit card but nothing is charged to it until the end of your stay when you sign the bill. We actually lost ours on the last day of our trip (long story, not fun to think about) and we were able to get the lost passes canceled at the park so no one could use them. We didn't have to go running around for it. I believe we could have put "check id" on the passes, so that they would have to, but we didn't bother with it.
Goodbye MrScott
John
Of course it would! I've seen it in action and it encourages spending. Heck, extend that program to season passes, and charge up juniors pass so he'll spend more money at the park. Season pass holders are notorious for bringing down the per cap spending, so give them a reason to spend more!
And you're right, Brian, that some research (admittedly by Mastercard and Visa) shows that since debit cards came along, people do more impulse buying.
Jeff - Advocate of Great Great Tunnels™ - Co-Publisher - PointBuzz - CoasterBuzz - Blog - Music
Debit cards are particularly nice for prompting impulse buying, more so than credit cards...because with the debit card, the bill is already paid. There is no gigantic bill at the end of the month. And the banks are doing their part to encourage it as well, as they find reasons not to supply you with monthly statements anymore. Just direct-deposit your paycheck, use your debit card like crazy, and we'll tell you when the money is gone.....
A little scary, isn't it?!
--Dave Althoff, Jr.
Brian Noble said:
most expensive to least expensive debits, followed by credits.
I argued with my bank about that once. The bank manager tried to convince me that the policy was for the good of customer because they assume the biggest check is the most important. It was tough not to laugh at him, especially given the fact they don't have the same policy with credits!
I never got blindsided with bounces by that rule, but I still switched banks because of it.
You guys are right about banks. They really do stick it to you. For a while I was trying to keep the absolute minimum in my checking account (I use the high interest online savings accounts like HSBC, Presidential, or ING to keep most of my cash reserves), but then they burned me by posting the debits before the credits like you were saying above and I learned my $32 lesson. Now I keep some "padding" in there just for cases like that.
I totally think CP needs to explore something like the resort charge card or season pass debit card. For a long time they've seen technology as a burdon, but they need to realize it can be an asset and a way to grow revenue. I'm thinking that maybe this Paramount merger might help with getting some of the CF folks up to speed with what technology can do for them. Season pass processing would be a glaring example. Start with that and then really work up to the 21st century with debit season passes, resort charge cards, and real time line length display boards to distribute crowds! :)
-Matt
If I'm a dumbass, my bank charges me $7 and transfers money out of my credit card for whatever amount it needs at the end of the day.
Jeff - Advocate of Great Great Tunnels™ - Co-Publisher - PointBuzz - CoasterBuzz - Blog - Music
The card doesn't charge me anything. It's the same bank.
Jeff - Advocate of Great Great Tunnels™ - Co-Publisher - PointBuzz - CoasterBuzz - Blog - Music
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