Debit Cards - The Extra Protections. Did you know that many of the same features and protections offered by credit cards are also offered with debit cards? Zero Liability - This generally means you’re not liable for unauthorized purchases made on your debit cards as long as you notify your financial institution immediately. Check with your financial institution to make sure Zero Liability applies to your card. Funds & Fraud - Federal law mandates that financial institutions replace funds for losses resulting from fraudulent card use within ten business days of notification. However, in many cases, you'll have access to funds within five business days of notification — sometimes sooner. The Right to Dispute - You have dispute resolution options should an issue arise with a purchase.

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