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JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!

 
chumpisme

User ID: 32520610
Canada
12/22/2013 07:41 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Read article.....

At least 2 million shoppers who used bank debit cards at Target Corp stores during its recent data breach are facing lower limits on how much cash they can take out of teller machines and spend at stores.

JPMorgan Chase & Co said on Saturday it is notifying customers who used Chase brand debit cards at Target from November 27 through December 15 that they are now limited to $100 a day of cash withdrawals and $300 a day of purchases with their cards.

The new limit affects roughly 2 million accounts, or 10 percent of Chase debit cards, according to a spokeswoman for Chase, the consumer banking business of JPMorgan, the biggest U.S. bank by assets.

Chase said it acted as a precaution to prevent criminals from taking money from customer accounts. Chase and other banks say they will cover unauthorized transactions that customers report.
Sweety Pie

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Peru
12/22/2013 07:49 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Everyone should have at least $1000 cash on hand at all times.
 Quoting: Anonymous Coward 50473212


Having a $1000 dollars in a bank account associated with a debit card works as good as having cash for me, and I live in a third world country!
No man is an Island, entire of itself; every man is a piece of the Continent, a part of the main; ... any man's death diminishes me, because I am involved in Mankind...
sreglof23  (OP)

User ID: 47549230
United States
12/22/2013 07:51 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
OK updated title to cash withdrawal AC.....get ur panties out of a wad.lol
knine

User ID: 51833467
United States
12/22/2013 08:02 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
im just pissed that my visa/debit was deactivated saturdaying @ noon because I had shopped at Target a week ago...my bank called letting me know a new card/pin was coming, but won't be here till after the holiday lol

so I went to the bank and got money out from a teller, to hold me over

this is a local credit union btw, not chase or any major bank

my acct is safe thou. Sucks for many people, shitty timing
 Quoting: Anonymous Coward 473715


Yep, same here. This has happened to us 3x's in the last 9 months.The last time the bank reissued the debit cards they gave us two seprate account numbers for the same account. Really didn't affect us though, as we are always preppared for the stupid crap.

(Motto: Always Be Perpared)
sreglof23  (OP)

User ID: 47549230
United States
12/22/2013 08:07 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
My girlfriends card got deactivated because she bought a plane ticket and it wasn't a normal purchase. So shes on vacation and has no $.
im just pissed that my visa/debit was deactivated saturdaying @ noon because I had shopped at Target a week ago...my bank called letting me know a new card/pin was coming, but won't be here till after the holiday lol

so I went to the bank and got money out from a teller, to hold me over

this is a local credit union btw, not chase or any major bank

my acct is safe thou. Sucks for many people, shitty timing
 Quoting: Anonymous Coward 473715


Yep, same here. This has happened to us 3x's in the last 9 months.The last time the bank reissued the debit cards they gave us two seprate account numbers for the same account. Really didn't affect us though, as we are always preppared for the stupid crap.

(Motto: Always Be Perpared)
 Quoting: knine
Anonymous Coward
User ID: 51863915
United States
12/22/2013 08:14 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
What B.S. this is [link to www.chicagotribune.com]
 Quoting: sreglof23


Target got hacked
 Quoting: Kirk


i think who ever owns target pissed somebody off.. it was owned by the french wasn't it?
chowan

User ID: 51864037
United States
12/22/2013 08:24 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Yep....wont be long.
So basically, they bugged Target and now blame it on the customers for further limits on their own damn money. Soon all banks will be doing this.
 Quoting: ~~**lisa**~~

 Quoting: sreglof23


stop using banks

What was done at JPM sounds like it was in response to target being hacked but they can and will do this at any time they want.
sheell be right mate
Anonymous Coward
User ID: 33435073
United States
12/22/2013 08:24 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Christmas is cancelled
Anonymous Coward
User ID: 26078602
United States
12/22/2013 08:25 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
In all fairness to JPM I can understand why they are doing this. I've been hacked 3 times in the last 2 years at Target and each time with a different debit/credit card. And I only go to Target about 4 times a year.

Target needs to get their shit together
osocrzy
User ID: 3892738
United States
12/22/2013 08:34 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
The damn email I got after my card for denied when shopping for Xmas stuff super pissed. What if I was stranded or needed my money to get my car fixed this is bull shit!

Dear customer:
As you've learned from recent news reports, Target reported that it experienced a data breach on debit and credit cards that its customers used to make purchases in its stores from November 27th through December 15th. Unfortunately, your Chase debit or Liquid card was identified as one at risk because of Target's security breach. Defending against fraud is a top priority for us, so we are taking extra precautions to try to keep Chase accounts safe.

Here's what you should know:
First and most important, don't worry. All your Chase cards have our Zero Liability Protection. That means you're not liable for unauthorized transactions you report to us.
We use sophisticated fraud-monitoring tools to review account transactions and detect abnormal spending and ATM patterns. That helps us block fraudulent transactions.
Here's what has changed:
Beginning today, for customers whose debit or Liquid cards are at risk from the Target breach, we are temporarily limiting ATM withdrawals in the United States to $100 per day and purchases to a total of $300 a day.
Those customers travelling internationally whose debit cards are at risk won't be able to access cash at an ATM. If you are traveling outside the United States or plan to, please call the number on your card to see how we can help you.
Here's what you can do:
Stop by a branch:
Employees at our 5,600 branches are standing by to help you if you need more cash than $100. With proper identification, you can access your available funds.
Many branches will also stay open late, if needed, to help customers.
To find a branch near you, visit our branch locator on chase.com.
Watch for your new card. We plan to reissue all affected debit cards and Chase Liquid Cards automatically over the coming weeks. Until then, you can use your debit or Liquid card with the temporary limits.
We realize this could not have happened at a more inconvenient time with the holiday season upon us. We ask for your patience as we take these precautions to combat fraud and prevent criminals from using your card. We'll continue to keep you updated by email and through chase.com.
Sincerely,

Jennifer Myhre
Senior Vice President
Chase Consumer and Community Banking
Anonymous Coward
User ID: 12179558
United States
12/22/2013 08:48 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Read the article. It's on target cards backed by Chase, I pulled a stack out at the casino last night!
Anonymous Coward
User ID: 3063399
United States
12/22/2013 08:59 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
GET YOUR ACCOUNTS CLOSED AND YOUR MONEY OUT OF CHASE AS SOON AS THEY OPEN ON MONDAY MORNING! A bank that would implement such a decision to avoid the potential risk (to them, not to their customers) and in doing so inconvenience hundreds of thousands of customers, during the busiest shopping time of the entire year - restricting access to the customers own cash without any request or consent by the customers that they do so - this is the mark of a bank that does not understand, nor do they care about the financial hardship they are causing their clients. They only care about loosing a little bit of money for which they are no doubt insured. Chase Bank administration have proven themselves once again to be morons.
Anonymous Coward
User ID: 46904816
United States
12/22/2013 09:00 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Libtard mentality will see this only as being further "proof" that we need to go to a cashless society.

Somehow, they'll perceive it that way.
Anonymous Coward
User ID: 46904816
United States
12/22/2013 09:00 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Libtard mentality will see this only as being further "proof" that we need to go to a cashless society.

Somehow, they'll perceive it that way.
Anonymous Coward
User ID: 50149738
United States
12/22/2013 09:20 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
I'm not....just passing along but if it were me id be really pissed. 3 days before Christmas and peeps can only spend $100 of their own money?.....not good
I don't even have a credit card.....just debit cards. I always pay with cash.
at Wells Fargo I can set any daily limit I want on my debit card and how much can be taken out of an ATM....

could be the people are constantly over drawn?

the person set their own limit?




here is a hint CARRY some CASH!
 Quoting: Anonymous Coward 1232043

 Quoting: sreglof23




then why you so worried what JP Morgan does?
 Quoting: Anonymous Coward 1232043

 Quoting: sreglof23


UNDERSTAND THIS the money that you puut into any bank No longer your.you have become a Creditor to that bank and they can lawfully gamble away those funds anyway they want even to the point of bankrupsy. You lose out like any creditor. When the banks declare they are out of money good luck getting anything. The FDIC does not have enough to cover the insolvency if any of the big banks go bust. Please research your relationship with the banks as well as the brokage houses. I FOUND OUT THAT WHEN MONEY IS GIVEN TO them they own your money you have an account in your name that you get to pick and choose stocks . These relationships are the best keep secrets in the financial industry. Investigate it futher than the face at the window. The ones at the financial front line don,t know anymore than you ln fact most of them don,t even understand what a bank holiday (bank run) is.
Anonymous Coward
User ID: 48443687
United States
12/22/2013 09:31 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
The article was specifying Chase bank customers affected by the TARGET incident.
 Quoting: Sunset Voulebard


Why didn't they do this to CREDIT cards, notice this only affects DEBIT cards.
Anonymous Coward
User ID: 51341125
United States
12/22/2013 09:31 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Get your money out and crash it, for too long people have been subject to the whims of this unelected enslavement system.
Anonymous Coward
User ID: 17944950
United States
12/22/2013 09:32 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
The article was specifying Chase bank customers affected by the TARGET incident.
 Quoting: Sunset Voulebard


Why didn't they do this to CREDIT cards, notice this only affects DEBIT cards.
 Quoting: Anonymous Coward 48443687


Good question.
Anonymous Coward
User ID: 48443687
United States
12/22/2013 09:35 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
The article was specifying Chase bank customers affected by the TARGET incident.
 Quoting: Sunset Voulebard


Why didn't they do this to CREDIT cards, notice this only affects DEBIT cards.
 Quoting: Anonymous Coward 48443687


Good question.
 Quoting: Sunset Voulebard


This question is easily answered when you understand fractional reserve banking and also now depositors are creditors to the banks. Be weary of TBTF banks.
Anonymous Coward
User ID: 721140
United States
12/22/2013 09:40 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
If that is a debt card, this change would render it useless to me. Grocery shopping is NEVER under $100.
PatrikC325

User ID: 46044698
United States
12/22/2013 09:41 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
What B.S. this is [link to www.chicagotribune.com]
 Quoting: sreglof23


That is because of the Target breech. they are trying to limit the thefts.
Anonymous Coward
User ID: 49377259
United States
12/22/2013 09:53 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
What B.S. this is [link to www.chicagotribune.com]
 Quoting: sreglof23


OP, you are an asshat of the highest order. This is only to prevent customers who shopped at Target from getting their accounts wiped out by fraud.
DoTheRightThing-NoVio​lence

User ID: 48098140
United States
12/22/2013 10:04 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
What B.S. this is [link to www.chicagotribune.com]
 Quoting: sreglof23


OP, you are an asshat of the highest order. This is only to prevent customers who shopped at Target from getting their accounts wiped out by fraud.
 Quoting: Anonymous Coward 49377259


Silly you,

1. the banks are the only ones at RISK by law.
2. They didnt do it to the credit cards, ONLY the debit cards!

So why call someone asshat for letting people know about something FISHY?
Anonymous Coward
User ID: 48443687
United States
12/22/2013 10:18 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
What B.S. this is [link to www.chicagotribune.com]
 Quoting: sreglof23


OP, you are an asshat of the highest order. This is only to prevent customers who shopped at Target from getting their accounts wiped out by fraud.
 Quoting: Anonymous Coward 49377259


Why not extend to credit cards also?
Sungaze_At_Dawn

User ID: 49897461
Canada
12/22/2013 10:29 AM

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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
They're trying to ruin everyone's Christmas. They're committing acts of terrorism against the people.
The Devil tries to convince everyone he doesn't exist.
The state tries to convince everyone they cannot resist.
Do not go quietly into the good night. Rage Rage against the dying light!
general milton drysdale
User ID: 51767421
United States
12/22/2013 10:41 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
bankers report to the same dictators as everyone else. dumbazs
sreglof23  (OP)

User ID: 47549230
United States
12/22/2013 10:42 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
You Assface
What B.S. this is [link to www.chicagotribune.com]
 Quoting: sreglof23


OP, you are an asshat of the highest order. This is only to prevent customers who shopped at Target from getting their accounts wiped out by fraud.
 Quoting: Anonymous Coward 49377259
sreglof23  (OP)

User ID: 47549230
United States
12/22/2013 10:45 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
Credit cards aren't your money....they are freezing personal debit cards cause they need your money for something..they dont want you spending all your Christmas money now do they?
What B.S. this is [link to www.chicagotribune.com]
 Quoting: sreglof23


OP, you are an asshat of the highest order. This is only to prevent customers who shopped at Target from getting their accounts wiped out by fraud.
 Quoting: Anonymous Coward 49377259


Why not extend to credit cards also?
 Quoting: Anonymous Coward 48443687
psyoptics

User ID: 45961239
United States
12/22/2013 10:48 AM

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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
so if the fine NSA was all that....
why the hell can no one find these high tech internet thieves?

they know everything that we the people do say and where we are....but not these money crooks.....


maybe they are the bankers!


a kids up load a song and might go to jail or usually has to pay millions.

hack a major store credit card system......the government does not even look at it.


yup we have neither security nor freedom today.

Benjamin Franklin was right.
a good video editor can make anyone say anything the editor wants.
Anonymous Coward
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United States
12/22/2013 10:51 AM
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Re: JP Morgan Chase Limiting Cash Withdrawal to $100 A Day!!!!!!!
So basically, they bugged Target and now blame it on the customers for further limits on their own damn money. Soon all banks will be doing this.
 Quoting: ~~**lisa**~~


when people have no trust any longer, these kind of thoughts do come up, sadly!





GLP