smart spending

7 money-related things to give thanks for

Capped card liabilities
Capped card liabilities © mapichai/Shutterstock.com

Lost or stolen credit card? It's a pain, but at least your monetary losses are capped at $50, says Ulzheimer.

"The Fair Credit Billing Act has been around since 1975, but most of us have enjoyed its protections for as long as we've used credit cards," he says.

What you need to know: Report your card missing as soon as you realize it's gone, and you're not responsible for any charges made thereafter. Also, you're liable only for the first $50 worth of charges made before you reported it.

And your actual losses could be less. While the federal law limits your loss to $50 if a credit card is lost or stolen, these days many card issuers set your liability at zero dollars.

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 4.17%  0.11 4.06%
15 year fixed refi 3.21%  0.12 3.09%
10 year fixed refi 3.26%  0.15 3.11%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.67%  0.35 4.32%
50K FICO-based HELOC 4.04%  0.05 3.99%
100K FICO-based HELOC 3.88%  0.05 3.83%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.99%  0.19 2.80%
48 month used car loan 2.91%  0.09 3.00%
60 month new car loan 3.07%  0.10 3.17%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.99%  0.01 0.98%
2 Year CD 1.20%  0.01 1.19%
5 Year CD 1.82% --0.00 1.82%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.80% --0.00 15.80%
Cash Back Cards 16.42% --0.00 16.42%
Low Interest Cards 11.09% --0.00 11.09%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us