4 ms·
Interesting and infuriating "loophole" that I'd call negligence, with respect to stolen cards. Apparently, the banks do not dissociate a stolen card in a digit
by muststopmyths 2y ago
Interesting and infuriating "loophole" that I'd call negligence, with respect to stolen cards.
Apparently, the banks do not dissociate a stolen card in a digital wallet from your account so someone can steal a card, put it in a wallet and keep using it merrily.
Sounds like a basic thing to get right, but I am sure there are "good" reasons.
- Rhapso 2y agoI've had to simply cancel a credit card stolen this way, but using an Amazon Integration. It was an "Amazon Credit Card" and both Chase and Amazon claimed the other was responsible for deauthorizing the card on Amazon, Every time Chase re-issued it they updated the connection with my ex's Amazon account, giving them access to the new card to continue abusing. My only options were to cancel the card or file a police report. It smelled like a situation where they had setup fully trusted automation to keep the two in sync, but didn't have a customer service path to stop that automation or insight into the other company's side of it.
- ellisv 2y agoMy take away is if my physical card number is stolen, I should report it to the issuer and also ask them to disassociate the card from any digital wallets.