USA TODAY: At the peak of the holiday shopping rush, JPMorgan Chase said Saturday it is putting daily cash and spending limits on about 2 million debit cards that were used at Target stores that could be susceptible to fraud.
It also plans to begin reissuing new cards to customers who could have been affected by the recently revealed data breach affecting 40 million debit and credit card customers who shopped at the nation’s second-retailer after Thanksgiving through Dec. 15.
Chase customers will be limited to withdrawing no more than $100 a day from ATMs on the affected debit cards. A statement on the website says tellers will help them at the bank’s branches if they need more. In addition, customers with the affected cards will be limited to $300 a day in purchases, Chase says. The limits affect about 2 million of Chase’s 23 million card customers… (more)
