This is what I was basing it on. The law. Banks can decide to be asshats at a moments notice. Something I'm sure we're all familiar with in some way.
On Thu, Aug 18, 2011 at 8:21 AM, Ben Scott <[email protected]> wrote: > [aggregate reply] > > On Wed, Aug 17, 2011 at 11:01 PM, Jonathan Link <[email protected]> > wrote: > > ... catch fraudulent transactions in a reasonable time frame (usually > > within 30 days of the end of the period) ... > > I believe it's 90 days, at least for the protections mandated by law. > > On Thu, Aug 18, 2011 at 7:59 AM, Webster <[email protected]> wrote: > > The $50 limit hasn’t been the case for years. Both Visa and MasterCard > have > > a ZERO liability limit IF you use your card (debit or credit) as a Credit > > card. > > The $50 liability limit is per law. Several years back the > companies started to realize that the last $50 wasn't that big a deal, > and that customer goodwill was worth more, so they cover it > "voluntarily". > > -- Ben > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > --- > To manage subscriptions click here: > http://lyris.sunbelt-software.com/read/my_forums/ > or send an email to [email protected] > with the body: unsubscribe ntsysadmin > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ --- To manage subscriptions click here: http://lyris.sunbelt-software.com/read/my_forums/ or send an email to [email protected] with the body: unsubscribe ntsysadmin
