> Federal law caps credit card liability at $50. I thought that was for debit ca... | Hacker News

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colejohnson66 on April 5, 2018 | parent | context | favorite | on: Secret Service Warns of Chip Card Scheme

> Federal law caps credit card liability at $50.

I thought that was for debit cards? Or does it apply to both?

supertrope on April 5, 2018 [–]

https://www.consumer.ftc.gov/articles/0213-lost-or-stolen-cr...

There are also state laws that may go further in consumer protection. The card network may also have additional protections. Finally as I've mentioned the issuer often waives all fraud loss liability.

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