Re:If you didn't cancel the credit card you used for linode....
by ahonhn on Tuesday June 11, 2013 @05:53AM
(#5860723)
Credit card terms vary from country to country.
Here (Singapore) card conditions were recently changed so that you would only be liable for the first $100 of fraudulent transactions (assuming you can prove it wasn't you). I think the bank can still hold you liable for more if they find you were negligent about guarding your card details.
Prior to these condition changes, I remember being told by the bank that you would be liable for all charges incurred before you had reported the card physically stolen or lost.
Here (Singapore) card conditions were recently changed so that you would only be liable for the first $100 of fraudulent transactions (assuming you can prove it wasn't you). I think the bank can still hold you liable for more if they find you were negligent about guarding your card details.
Prior to these condition changes, I remember being told by the bank that you would be liable for all charges incurred before you had reported the card physically stolen or lost.