Chase limits customer spending after credit-card security breach at Target

JPMorgan Chase & Co. on Saturday notified customers who used its debit cards at Target stores during the retailer’s recent security breach that it was limiting the use of its cards to $100 of cash withdrawals from ATMs per day and purchases totaling $300 a day.
The new limit affects roughly 2 million accounts, or about 10 percent of Chase debit-card holders, according to a bank spokeswoman. It does not apply to credit cards.
The bank detailed the limits in an email sent to customers with the subject line: “Unfortunately, your debit card is at risk by the breach at Target stores.”

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Photo: Joe Raedle/Getty Images

Chase limits customer spending after credit-card security breach at Target

JPMorgan Chase & Co. on Saturday notified customers who used its debit cards at Target stores during the retailer’s recent security breach that it was limiting the use of its cards to $100 of cash withdrawals from ATMs per day and purchases totaling $300 a day.

The new limit affects roughly 2 million accounts, or about 10 percent of Chase debit-card holders, according to a bank spokeswoman. It does not apply to credit cards.

The bank detailed the limits in an email sent to customers with the subject line: “Unfortunately, your debit card is at risk by the breach at Target stores.”

Read more

Photo: Joe Raedle/Getty Images