CARD FRAUD RULES

Who pays for card fraud?

Credit vs. debit, explained

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Credit card

$50 MAX

Federal cap

Most issuers offer $0 liability.

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Number only

$0

Card in wallet

Not liable if only the number was stolen.

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Debit, fast

$50

Within 2 business days

Report a lost card right away.

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Debit, later

$500

After 2 days

But within 60 days of the statement.

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Debit, late

ALL

After 60 days

You could lose everything taken.

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Provisional credit

10 DAYS

Debit cards

Bank must credit you if it needs longer.

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Step 1

LOCK IT

In your app

Then call the number on the card.

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Not covered

SCAMS

You paid them

Report to the FTC anyway.

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Act fast on fraud

Steps and FAQ

Read the guide

nexgenheadlines.com

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