6 ms·
In defense of debit cards, in the event you do lose it and someone's emptying your account, your bank should still restore your funds after the theft. I say th
by Vivtek 16y ago
In defense of debit cards, in the event you do lose it and someone's emptying your account, your bank should still restore your funds after the theft. I say this because it happened to my wife; Chase's fraud prevention kicked in after about $300, all of which was refunded as soon as she figured out what had happened.
- mechanical_fish 16y agoThanks, good to know. I've been waiting for these policies to kick in as debit cards become more popular.
- camiller 16y agoIt has actually been that way for awhile. Back about 9-10 years ago someone used my wife's debit card number and after reporting it the bank restored the funds.
- robin_reala 16y agoI lost a little over £1000 from my debit card once; the bank did refund it but it took 5 internal forms, a police fraud report and a month to get the money back.