STOLEN DEBIT CARD HELP!!!?

You have lost your money - will have to repay the $1200 overdraft - because you couldn't be bothered to visit your bank to report the non-receipt of your debit card in person. You were given the run around because not receiving an expected card usually results in a visit to the bank - as opposed to simply calling and hoping for the best

Your responsibility for fraudulent charges increases over time. The exact interpretation of the Electronic Funds Transfer Act may depend on your bank and/or jurisdiction, but generally the clock starts ticking when you receive the statement with the fraudulent charges OR when you learn of the loss/compromise of your card, whichever is first. Then you are responsible for a) no more than $50 if you report the loss or charge within 2 business days, b) no more than $500 if you report the loss or charge within more than 2 but less than 61 business days, or c) everything if you don't report the loss or charge within 60 days. The next time you speak to your bank's fraud department, remind them vigorously that you reported the non-delivery of your card, and the card should have been deactivated, and their failure to act on your report means they are responsible for the fraudulent activity. They probably won't buy it, since the card has been in use "all along" and you never alerted them of any fraudulent activities, but maybe you can make a case that you thought the card was deactivated when you reported it missing so you didn't look at the debits on your statement, or at least that you're entitled to EFTA protection for all the charges since your last statement. Visa/MC policy actually goes above and beyond EFTA and gives their debit cards credit card-like fraud protection. It may be possible to recover even more through their policies. To be honest, I'm not optimistic, but if you don't try you won't get anything so you might as well try. I'm not sure how debit cards are tied in to online banking or the lack thereof. All I have ever needed is my routing number and account number.

Hello, that is when you call and say, my card was never received, please cancel it and send me a new one. No ifs ands or butts about it. But since you are obviously far past this point, there is nothing you can do. How could you not notice unauthorized charges on your statements? The bank sends them every month, you should have had a record of all your purchases in a checkbook register to compare them side by side with purchases on your statement, whether on a check or card. Then, you should have reported unauthorized charges immediately to stop them. However, since you are far past the 60 day fraud repotting time period, your money is gone. If you take it to court, all they have to say is "why didn't she bring this up in the past 9 months?" and the judge will laugh you right out of the courtroom. Sorry, but you've just learned a very exepensive lesson on why it's important to track your purchases and compare them to your statements every month.

Did they not answer this when you called the fraud line? You;re suppose to call them, like you did and file a dispute. They will put back your money, on hold, and do an investigation.

No, you probably won't see your money back. It was your responsibility to cancel the card that did not arrive and have them send a new one. You have to be diligent about your bank account or things like this happen. Now, you will probably be expected to pay back that amount, and if you cannot, your account will be closed and your name will be in Chex Systems which will prevent you from getting another bank account for 5 years.

Thats why you need to review your statements more carefully and dispute unathorized charges right away. You have 60 days to contact your bank to dispute unathorized charges. Like right now if you dispute those charges I really don't think that they will give you the money back

You may have to bear the loss on this one. I'm not a financial adviser but, in most instances, Card companies will only allow up to $50, if you let them know that the card was lost or stolen within 48 hours. Maybe up to $500 if your account was in good standing, reasonable care was used in safe guarding your account and no more than 2 "events" in the last year. I'm sure there's more to this then I'm aware of, but your bank or card company should be able to help you.