"Fraudulent charges" refers to unauthorized or deceptive transactions made on someone else's account without their knowledge or consent.
Full definition
If you lose your credit card, your personal liability for
fraudulent charges on the credit card won't exceed $ 50, if you report it lost or stolen within 2 business days.
Our 24/7 guarantee that you won't be held responsible for
fraudulent charges made with your card or account information.
Most of the best student credit cards also include $ 0 liability protection, which protects you
from fraudulent charges made with your credit card.
You'll get zero liability for unauthorized charges, Chip + Signature technology and mobile banking — all of which help protect you
against fraudulent charges and identity theft.
Your credit cards generally leave you with zero liability for
fraudulent charges as long as you report the fraud.
However, if you
see fraudulent charges on credit card or think you won't find it within 24 hours, call the card issuer as soon as possible.
If you
find fraudulent charges on your debit card and fail to notify your bank within a «reasonable» period of time, you may be on the hook for those charges.
Since then I have been using my credit card for store purchases, because it is my understanding that credit cards come with built - in
fraudulent charge insurance.
While fraudulent charges are a royal pain, the silver lining is that none of your actual money has been stolen from your bank account.
Even if there are already issues with your accounts documenting the whole process in writing can help protect you and preserve your rights when you go to
challenge fraudulent charges.
Many renters insurance policies will also offer coverage in the event that unauthorized or
fraudulent charges placed on your credit cards.
Your credit cards generally leave you with zero liability for
fraudulent charges as long as you report the fraud.
You will very rarely be held responsible
for fraudulent charges if you make an effort to report suspicious account activity as soon as you are aware of it.
I've had so
many fraudulent charges, despite my being relatively careful with my number, that I don't really worry much anymore about losing my number.
@Josef Unlike in Europe, in the US Federal law prohibits banks from holding cardholders responsible for more than $ 50 of
fraudulent charges in the event of a card being stolen / compromised.
When you make a purchase with the Citi ® Diamond Preferred ® Card, you can benefit from an extended warranty on purchased goods, damage and theft protections, and liability protection
if fraudulent charges are made with your card.
Review your credit card's terms and conditions, too, because most credit cards have a limit on how long you have to dispute
fraudulent charges after they've been incurred.It's not just your credit card purchases, though.
For example, you might receive a push notification when there is a
potentially fraudulent charge on your Card or, if you turn on purchase alerts on your phone, when a charge is made on your Card.