Comments on: Web of intrigue widens in debit-card theft case

Wal-Mart acknowledges a breach but OfficeMax's role is uncertain in a case that has resulted in 200,000 cards being canceled.

[Transaction7]

Debit Cards Not Protected

Can anyone explain why you are not protected from fraudulent use of a VISA Debit card like you are from unauthorized charges on a VISA credit card, even if issued by the same bank?

We encountered this problem when, after my wife used a debit card for a charge that was supposed only to be $6.95 from Video Professor, they q

It depends on the bank issueing the card...

Federal law requires protection for Credit Cards; however the same protection is not required for debit cards. Debit cards with Visa and MasterCard logos came into popular use since the law was enacted. Despite this, some banks DO give debit cards the same protections as credit cards. My bank, a small local bank, will issue credit charge backs on my Visa debit card if I claim that the charge is fraudulent. Of course, it may have something to do with the fact that the card is tied directly to my overdraft protection account that is simply a revolving credit account (just like a credit card) that deposits only into my checking account if there are not enough funds in checking to handle the transaction.

[Transaction7]

Debit Cards Not Protected

Can anyone explain why you are not protected from fraudulent use of a VISA Debit card like you are from unauthorized charges on a VISA credit card, even if issued by the same bank?

We encountered this problem when, after my wife used a debit card for a charge that was supposed only to be $6.95 from Video Professor, they q

It depends on the bank issueing the card...

Federal law requires protection for Credit Cards; however the same protection is not required for debit cards. Debit cards with Visa and MasterCard logos came into popular use since the law was enacted. Despite this, some banks DO give debit cards the same protections as credit cards. My bank, a small local bank, will issue credit charge backs on my Visa debit card if I claim that the charge is fraudulent. Of course, it may have something to do with the fact that the card is tied directly to my overdraft protection account that is simply a revolving credit account (just like a credit card) that deposits only into my checking account if there are not enough funds in checking to handle the transaction.

[AlexRiedel]

Get an Amercian Express card

Get an American Express charge card. The annual fee is well worth the protection you get.
American Express has an outstanding track record of protecting its card holders from fraudulent charges.
I have received nothing but outstanding, quick and excellent service from them at many occasions.

I am not affiliated with AMEX in any way, just a very satisfied customer.

Alexander Riedel

[Stating]

$Cash, $Cash, $Cash

I use cash for any purchase under $100, including buying gas and stationary, and boy am I glad I do. The onerous for these breaches always seems to be on the cardholder. So much for the "convenience" factor of plastic.

[AlexRiedel]

Get an Amercian Express card

Get an American Express charge card. The annual fee is well worth the protection you get.
American Express has an outstanding track record of protecting its card holders from fraudulent charges.
I have received nothing but outstanding, quick and excellent service from them at many occasions.

I am not affiliated with AMEX in any way, just a very satisfied customer.

Alexander Riedel

[Stating]

$Cash, $Cash, $Cash

I use cash for any purchase under $100, including buying gas and stationary, and boy am I glad I do. The onerous for these breaches always seems to be on the cardholder. So much for the "convenience" factor of plastic.

[heystoopid]

No protection!

This tale shows, there is no protection to any customer, of any corporation, as they are too cheap, to provide any halfway decent security, on a voluntary basis, in the profits first customer last age!

Security and corporate data regulations are required, with FTA, fining a minimum USD$100,000-00 per individual incident reported and USD$1 million if unreported!, in addition all those affected are to be paid a minimum of USD$10,000-00 each! as an incentive to do better!

Until such time legal penalties apply,to both corporations and their shareholders inclusive, they will only pay lip service to data security, and have no incentive to change!

[heystoopid]

No protection!

This tale shows, there is no protection to any customer, of any corporation, as they are too cheap, to provide any halfway decent security, on a voluntary basis, in the profits first customer last age!

Security and corporate data regulations are required, with FTA, fining a minimum USD$100,000-00 per individual incident reported and USD$1 million if unreported!, in addition all those affected are to be paid a minimum of USD$10,000-00 each! as an incentive to do better!

Until such time legal penalties apply,to both corporations and their shareholders inclusive, they will only pay lip service to data security, and have no incentive to change!

[wilemore]

Well....something is going on online as well. My Online banking was breached???? B of A blocked my online banking account this morning and when I called ...made up excuses that didn't make sense. I had to create a new online name and password...and now I am back up. But they are not owning what happended. So what did happen B OF A???

[APWROBEL]

Check out VIRGIN MOBILE's auto top-up feature. they were able to get 13 charges to go through on my B of A debit card. Each charge was only $4.99 each so I guess B of A and Virgin Mobile had a deal worked out. I couldn't even buy a pack of gum the same weekend with their debit card AND THEN>>>> the bank charged $34 for each "overdraft". That's $442 they wanted, needless to say I disagreed and they closed my account putting a black mark on my banking history. NOW TELL me who is stealing from who!!!! VIRGIN MOBILE should have a class action lawsuit and be heavily fined along with B of A for this theft from customers. BANKS are nothing but immunized from prosecution theifs. Oh, by the way my son service a private jet that flew 4 GM executives from CA to Burlington VT last week for the paltry sum of $68,000 (What ever happened to first class, coach or business) PLEASE SEND MY BAILOUT TO ME NOW 500 million should do me nicely! Thanks UNCLE SAM