Thought those new tap-to-pay limits were just hype until my card got skimmed

I used to think the $250 contactless payment cap was pointless, but after my card got copied at a gas pump in Tampa, I'm glad my bank had it set. The thief tried to buy $500 worth of stuff but the tap limit stopped the big charge from going through. Anyone else's bank stop a big fraud attempt because of a small security feature like that?

3 comments

3 Comments

kim.emma15d ago

Totally feel that. My bank's tap limit saved me last month at a sketchy parking meter downtown. Somebody got my info and tried to tap for a new phone case and a bunch of apps, but it blocked anything over a hundred bucks. Makes you wonder why they don't just make those limits the standard, right?

the_piper2d ago

Sounds like we need a limit that knows the difference between a phone case and actual food. (Good luck coding that one, banks.)

beth_baker6914d ago

Actually I hate those limits. Got blocked trying to buy groceries last week because my cart was over a hundred. It's a pain when you're just trying to buy normal stuff.