Common use of Cardholder Liability Clause in Contracts

Cardholder Liability. You must notify us AT ONCE if you believe your Access Card or PIN has been lost or stolen. Telephoning is the best way of keeping your possible losses down. If you believe your Access Card or PIN has been lost or stolen or otherwise used without your permission, you could lose all the money in your account. If you tell us that a card is lost or stolen within the time frame set forth below, your liability for unauthorized transactions will be limited as set out. If you tell us within two (2) business days after you learn of the loss or theft of your Access Card or PIN, you can lose no more than $50 if someone used your Access Card or PIN without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your Access Card or PIN, and we can prove we could have stopped someone from using your Access Card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by Access Card, PIN or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.

Appears in 2 contracts

Samples: www.idbny.com, www.idbny.com

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Cardholder Liability. You must notify us AT ONCE if you believe your Access Card or PIN has been lost or stolen. Telephoning is the best way of keeping your possible losses down. If you believe your Access Card or PIN has been lost or stolen or otherwise used without your permission, you could lose all the money in your account. If you tell us that a card is lost or stolen within the time frame set forth below, your liability for unauthorized transactions will be limited as set out. If you tell us within two (2) business days after you learn of the loss or theft of your Access Card or PIN, you can lose no more than $50 if someone used your Access Card or PIN without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your Access Card or PIN, and we can prove we could have stopped someone from using your Access Card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by Access Card, PIN or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.

Appears in 1 contract

Samples: www.idbny.com

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Cardholder Liability. You must notify noti fy us AT ONCE if you believe your Access Card or PIN has been lost or stolen. Telephoning is the best way of keeping your possible losses down. If you believe your Access Card or PIN has been lost or stolen or otherwise used without your permission, you could lose all the money in your account. If you tell us that a card is lost or stolen within the time frame set forth below, your liability for unauthorized transactions will be limited as set out. If you tell us within two (2) business days after you learn of the loss or theft of your Access Card or Cardor PIN, you can lose canlose no more than $50 than$50 if someone used your Access Card or Cardor PIN without your permission. If you do NOT tell us within two (2) business days after you learn of learnof the loss or theft of your Access Card or PIN, and we can prove we could have stopped someone stoppedsomeone from using your Access Card or PIN without your permission if you had told uspermissionif youhadtoldus, you could lose as much as $500. Also, if your statement shows transfers that you did not didnot make, including those made by Access Card, PIN or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you moneyyou lost after the 60 days if we can prove that we could have couldhave stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or tripor a hospital stay) kept you from telling ustellingus, we will extend the time periods.

Appears in 1 contract

Samples: www.idbny.com

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