Oregon State Credit Union

Credit & You

Issue link: http://www.epageflip.net/i/1046843

Contents of this Issue

Navigation

Page 9 of 11

Federal law Visa and Mastercard rules provide for zero liability for most signature- based transactions as long as you haven't been careless. Nothing… for most signature-based Mastercard® and Visa transactions – as long as you haven't been careless. A thief stole your debit card. What's your liability? If you wait? If you wait until after 60 days of receiving your statement, liability can be unlimited. Card theft: What is your liability? A thief stole your credit card. What's your liability? Nothing if… you report the loss or theft before your card is used fraudulently – call immediately! Max liability $50 per card, but some issuers waive this fee. Report the loss Keep phone numbers to report loss or theft in a safe place – not in your wallet.

Articles in this issue

view archives of Oregon State Credit Union - Credit & You