Why you should never lend your debit card to a friend
Ask a question.
Dear To Her Credit,
I have a friend of mine who asked me for my debit card. She wants to use it because she wants to add funds to an account to talk to an inmate she’s not supposed to talk to according to the law. My question is, can I get in trouble for letting her borrow the card? – Lorraine
Yes, you can get in trouble. You can get in trouble letting someone use your debit card even without the criminal justice system being involved. Here are a few things that can go wrong:
- Your friend can lose your card. If she does,
she’ll be embarrassed – perhaps too embarrassed to tell you right away so you can
cancel the card.
- She can neglect to pay you back for the phone
calls. Even a small amount can be frustrating when she assumes you can wait to
get repaid. With a debit card, the money comes out right now. It’s not like a
credit card that gives you until next month to pay. A few lengthy phone calls,
and you may not have enough money in your bank account to buy gas or groceries.
- She can have an “emergency” and use your card
for something else. It happens all the time. Her car breaks down, her cat needs
surgery, or the inmate needs legal fees paid. Your debit card is in her hand. A
friend who is willing to borrow your card to break the law is a friend who could
use your card without hesitation whenever she can rationalize doing so.
- You could get in trouble for facilitating a
conversation that is against the law. I don’t know why she and the inmate are
not allowed to talk, but you are better off respecting the law. Inmates can be
prohibited from calling people who work in the correctional system or the
victims of their crimes, for example. You should stay far, far away from
getting yourself involved in such a situation, no matter how sorry you feel for
- You’ll never really know if the card will truly
be used just one time. With a debit card, she could take a picture of your card
with her phone, or write down the numbers, and stash it away. Two months from
now, she could see something online that she needs and whip out your
- If your card is lost, misused or anything else
goes wrong, your finances and good name can suffer. For example, if she uses
your card for more money than you expected, you may not be able to pay your
rent, or your rent check could bounce. You may fall behind on your car
payments. Your credit report is trashed, your shelter and transportation are
jeopardized, and you pay late charges and other fees everywhere. It could take
years to recover from such a disaster.
- If you give her permission to use the card and she misuses it, the bank may choose not step in to help if you knowingly gave her your card to use.
I would never, ever ask my friends or relatives if I could borrow their debit cards. None of them have ever asked me for such a favor. It’s not that we don’t trust each other; we know we do. (In fact, people who demand you trust them are often the last people you should trust.) Passing debit cards around is just a bad idea. Save yourself the grief and worry, and keep your debit card in your control at all times.
Meet CreditCards.com's reader Q&A experts
Does a personal finance problem have you worried? Monday through Saturday, CreditCards.com's Q&A experts answer questions from readers. Ask a question, or click on any expert to see their previous answers.
- New tax law makes HELOCs less attractive for debt repayment – Without the ability to deduct the interest if used for debt repayment, HELOCs lose luster as get-out-of-debt plan ...
- How to stop collections on recurring charge reported as fraud? – Canceling a card for fraudulent recurring charges won't necessarily stop the debt from being sent to collections if left unpaid ...
- Steps to fight fraud, repair credit damage caused by ex-spouse – Sharing finances is common during marriage, but can backfire horribly when a marriage falls apart. Take steps to protect your credit and financial standing ...