Re:Why are credit card rates so high?
by lxgr on Tuesday April 01, 2025 @07:22PM
(#43552335)
It's $0 for both credit and debit, under Visa and Mastercard "zero liability" rules.
Even under Regulation E, it would only be $50 as long as the issuer is notified within two days of losing your card, and $0 for other types of fraud (e.g. unauthorized use of your card number online) if reported within 60 days of receiving the corresponding monthly statement.
Even under Regulation E, it would only be $50 as long as the issuer is notified within two days of losing your card, and $0 for other types of fraud (e.g. unauthorized use of your card number online) if reported within 60 days of receiving the corresponding monthly statement.