Quote:
Originally Posted by taustin
Color me a little skeptical on that, since I've had conversations with credit card companies about transactions that took place, to the effect of "did you use your card at xyz?" And used the boss's credit card at work (with persmission, of course) for large purchases, and had to wait while the bank called him to verify it.
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What you fail to recognize is that there is a world of difference between confirming purchases on your card and telling you that your card was compromised at XYZ store. The fact remains that they will NOT tell you where the card was compromised. They cannot legally do so.
And of course the credit card issuer would have to confirm that the owner of the card authorized you to use the card. It's protecting the card owner & the card issuer.
I've tried to buy big ticket items during Black Friday only to have to talk to the credit card company to verify that it was actually me and not someone that stole my card before the purchase was approved.
Again though, that's a whole other topic from the credit card issuer telling you the name of the location where the card was compromised. They cannot legally do so. I deal with compromised bank cards & credit cards almost every day.