I don't have an ATM card either, and it's not that bad. Yes, there's maybe a 5 minute wait to speak to a teller on occasion, but all it takes is a photo ID (and sometimes my bank issued credit card, depending on what I'm doing with the funds) to access my money. And I go to the bank to get cash maybe a few times a year, pull out a grand or two, and keep it in a safe at home until I need it (going every week or two would be lame).
You're right that fraud is going to happen, it's part of life. The difference is, when you use a credit card, your money hasn't gone anywhere. If it's a debit card, that money is no longer in your account until (if?) the fraud gets resolved. I know first hand how much of a pain it can be to lose thousands of dollars for a few weeks while things get sorted out, which is why I switched to credit cards. That, and the free money they pay me. Mmmm, delicious free money...
You're right that fraud is going to happen, it's part of life. The difference is, when you use a credit card, your money hasn't gone anywhere. If it's a debit card, that money is no longer in your account until (if?) the fraud gets resolved. I know first hand how much of a pain it can be to lose thousands of dollars for a few weeks while things get sorted out, which is why I switched to credit cards. That, and the free money they pay me. Mmmm, delicious free money...