Common use of Zero Liability Clause in Contracts

Zero Liability. It is important to register for a Personalized Reloadable Card. We are not required to research or resolve any errors regarding your Card or Account until you have registered your card and we have verified your identity. Once you have registered for and received a Personalized Reloadable Card, you are generally protected from liability for unauthorized transactions. However, if you do not tell us within 60 days after the earlier of the date you electronically access your Account, if the transaction could be viewed in your electronic history, or the date we sent the first statement or transaction history on which the unauthorized transfer appears, you may not get back any money you lost after the 60 days if we can prove we could have stopped someone from taking the money if you had told us in time. Alternatively, we may require you to report an unauthorized transaction(s) within 120 days after the transfer or transaction allegedly in error was credited or debited to your Account.