Common use of Liability for Unauthorized Card Use Clause in Contracts

Liability for Unauthorized Card Use. ‌ You agree to notify us at once of the loss, theft or other actual or possible unauthorized use of your Visa® Debit Card or ATM Card. You will generally have no liability for unauthorized use of your Debit Card or PIN unless otherwise provided by Visa Operating Rules. Visa Operating Rules currently exempt certain PIN-based transactions, certain regional network ATM transactions, and certain situations in which you have been grossly negligent in handling your Card from the “no liability” rule. For exempt transactions on Visa® Debit Cards or the ATM Card, your liability for unauthorized use is that set out in the “Unauthorized Transactions” part of the “Terms Applicable to All EFTs” portion of this EFT disclosure. For exempt transactions that access the credit feature of a Visa® Credit Card, consult your Cardholder Agreement and Truth in Lending Disclosure. It benefits all members if the losses that the Credit Union absorbs on unauthorized Card use claims are kept to a minimum.‌

Liability for Unauthorized Card Use. ‌ You agree to notify us at once of the loss, theft or other actual or possible unauthorized use of your VisaVISA® Debit Card or ATM Card. You will generally have no liability for unauthorized use of your Debit Card or PIN unless otherwise provided by this Electronic Funds Transfer Agreement & Disclosure. Visa Operating Rules. Visa Operating Rules currently exempt certain PIN-based transactions, certain regional network ATM transactions, and certain situations in which you have been grossly negligent in handling your Card from the “no liability” rule. For exempt transactions on VisaVISA® Debit Cards or the ATM Card, your liability for unauthorized use is that set s et out in the “Unauthorized Transactions” part of the “Terms Applicable to All EFTs” portion of this EFT disclosure. For exempt transactions that access the credit feature of a VisaVISA® Credit Card, consult your Cardholder Agreement and Truth in Lending Disclosure. It benefits all members if the losses that lossesthat the Credit Union absorbs Unionabsorbs on unauthorized Card use claims are kept to a minimum.‌minimum.