I am with you on Debit Cards. Had a Credit Union Visa card hacked about 10 days ago, caught it after 2 transactions, but only had a low balance. I only really used it for one long standing direct debit, and for PayPal. I should say the offending transactions were not from PayPal, but direct to the "Visa" card.
Went through the whole process of cancelling the card, asking Credit Union for forms, filling them in, JP to sign (can't witness my own Stat Decs), and a Police report. All for $224.
After 48 hours I get the "good" news - Visa has agreed to return the funds, BUT there is a 45 day embargo in case they change their mind!
As soon as embargo lifted, account is going to be closed.