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Did Credit Card Issuers Overreact to TJX Data Breach?

Posted by exotic pet at 26 August 2008 10:58

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Federal law limits your responsibility for unauthorized or fraudulent charges to your credit card to $50.00. In the event that you are sent a bill from your credit card provider showing fraudulent charges, you must first notify your credit card provider of the fraudulent charges in accordance with its reporting rules and procedures. If your credit card provider requires you to pay any part of the first $50.00 of the fraudulent charges, we will reimburse you for the amount your credit card provider requires you to pay, up to $50.00, as long as the unauthorized use of your credit card resulted through no fault of your own.


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