I normally wouldn’t care, but I really loved using my PayPal debit card. It allowed me to leave my money in my PayPal account for the interest with the money market account portion or take it out at any time wat an ATM and not have to wait for transfers to my bank> It provided a cash back incentive and interfaced well with my financial software. Plus I’ve been a member of Paypal since 2000. I’ve done like 100+ transactions through paypal and even more on ebay.
That said, back in march of this year (2008) I was sent an email that said:
“We have been informed that your PayPal Debit Card number may have been obtained by an unauthorized party as a result of a security breach at a merchant where your debit card was used to make a purchase. The security of your PayPal account information was not compromised in connection with this event. To help ensure your security, we have taken the proactive step of cancelling your PayPal Debit Card.”
With my anti-phishing radar at high alert, I made it a point to manually visit the PayPal site to do this and triple check for any problems, because it would be just plain embarrassing if some “l33t h4x0r” compromised a security nut’s account. I was curious, too. After all, I wouldn’t give my card info to shady people/sites, and I definitely wouldn’t fall for a phishing scam. Failing both of those, I fairly religiously check my PayPal account for any strange activities, and until that point had never had any incidents.