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At least in the US, to be fair, they don't really take your money but rather the bank's money. Credit cards tend to be much more lenient and generous with fraud
by vinay427 6y ago
At least in the US, to be fair, they don't really take your money but rather the bank's money. Credit cards tend to be much more lenient and generous with fraud protection (among other benefits) in the US than in some other countries in which I've had cards.
- hocuspocus 6y agoThey're lenient because they have to, and are paid to. Fraud is high and so are transaction fees. And anecdotally, I cannot speak for the entire world, but European banks have no problem disputing fraudulent charges that happen overseas.