Wednesday 8th Feb 2012 02:17 PM
Welcome to Qotion.com!
Qotion.com is a website for you to browse and discuss financial products. Currently, we are undergoing further development, and hope to serve you when we relaunch the site with new features.
Mon, 09/07/2009 - 16:08
$100 liability cap for lost credit cards
BANKS have decided to change a long-standing policy which made credit card holders liable for all charges incurred on lost or stolen cards before they are reported missing. From Nov 1, cardholders' liability will be capped at $100, provided they are not negligent or fraudulent and notify the banks as soon as they discover the loss. In some cases, the banks may even waive the amount, according to a... more