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  • BBB Offers Alert For Debit Card Users

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    The document discusses debit card fraud and provides tips to help protect accounts. It notes that thieves are stealing account information using "skimming" devices to capture data at ATMs and stores. The BBB recommends selecting the credit option instead of entering a PIN at gas pumps, sticking to bank ATMs, and closely monitoring accounts online instead of waiting for mailed statements. Federal law limits liability for fraudulent debit charges to $50 if reported within two days of discovery.

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    Greene County Herald, Feb 11 2010

    Original Title

    BBB offers alert for debit card users

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    The document discusses debit card fraud and provides tips to help protect accounts. It notes that thieves are stealing account information using "skimming" devices to capture data at ATMs and stores. The BBB recommends selecting the credit option instead of entering a PIN at gas pumps, sticking to bank ATMs, and closely monitoring accounts online instead of waiting for mailed statements. Federal law limits liability for fraudulent debit charges to $50 if reported within two days of discovery.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    25 views1 page

    BBB Offers Alert For Debit Card Users

    Uploaded by

    bmoak
    The document discusses debit card fraud and provides tips to help protect accounts. It notes that thieves are stealing account information using "skimming" devices to capture data at ATMs and stores. The BBB recommends selecting the credit option instead of entering a PIN at gas pumps, sticking to bank ATMs, and closely monitoring accounts online instead of waiting for mailed statements. Federal law limits liability for fraudulent debit charges to $50 if reported within two days of discovery.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 1

    MAGNOLIA

    CLIPPING SERVICE
    (661) 856·0911 I (265) 758·8610
    GREENE CO HERALD

    LEAKESVILLE, MS

    Circulation = 2783

    WEEKLY
    02/11/2010
    /111111111111111111111111111111111111

    BBB offers alert for


    debit card users
    Special to the Herald ). SD since card issuers typically
    With the increasing use of have "zero liability" policies.
    debit cards (rather than credit However, these policies some·
    cards) and the dramatic times exclude PIN-based trans­
    increase in debit card spending, actions.
    there is also an increase in cred­ Stick with ATMs located at
    it card fraud. Banks across the banks. Machines at conven­
    country are raising concerns ience stores, airports and isolat­
    about the rise in fraud attempts ed locations are easier targets '
    relating to debit cards. for attaching skimming devices I
    Thieves are creating counter­ to gather data. Generally non- ,
    feit ATM or debit cards by bank locations have less traffic i
    stealing PINs and other account and no surveillance cameras. i
    data using a technique known Monitor your bank accounts
    as skimming. This is accom­ closely. Checking statements
    plished by setting up equipment online is preferable instead of
    that captures magnetic stripe waiting for monthly statements
    and keypad information when to arrive in the mail. Federal·
    PINs are' used at ATM law limits your liability for i
    machines, gas pumps, restau­ fraudulent debit card charges to
    rants and retail establishments. $50, but only if the theft or loss
    The Better Business Bureau is reported within two business
    (BBB) Serving MisSiSsIppi days of discovering the prob­
    offers some tips to help protect lem.
    account data: "When you have unauthorized
    Don't type your PIN at the charges on a credit card, you
    pump. If you use a debit card at won't be out any money while
    the gas pump, select the option the disputed charges are being
    for it to be processed as a credo investigated," said Bill Moak,
    it card. This can provide better President/CEO of the
    protection from fraud liability Mississippi BBB.

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