Fraud Tip of the Day
So we've already covered that you're not all that liable for fraudulent Credit Card activity. Well did you also know that your liability is limited for regular bank accounts too? (in the U.S.) The only trick is you have to catch it early. If you notice fraudulent activity within 2 days you are only liable up for $50. Some banks, like ING Direct want their customers to feel so safe, they go above and beyond the law and you are liable for $0. You just have to catch it early. So sign up for online banking and check your account every other day. It could get to be a pain, but at least you won't have your bank accounts completely drained!