I always use a credit card to get gas...versus using a debit card.
There are laws limiting liability on credit and debit card fraud, but the time period to be protected...is much better with credit cards.
Federal Law
Quote:
When it comes to protecting against card fraud, credit cards may have a slight edge when it comes to protecting yourself against losses.
Consumer protection laws ensure that if your credit or debit card is used for unauthorized charges after it is lost or stolen, your liability is capped at $50.
However, for debit cards, under the Electronic Fund Transfer Act, you have to report the fraud within two business days from when you become aware of the incident to limit the maximum loss to $50. If you report it between three and 60 days after learning of the fraud incident, your maximum loss liability could be as high as $500.
And if you wait more than 60 calendar days after it’s been posted on a statement, prepare for the possibility of an uphill battle if you want to receive any reimbursement.
However, with credit cards, you can report the fraud at any time and retain your $50 liability cap.
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