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.”
Photo: Joe Raedle/Getty Images