The Debit Card Habit That Voids Your Legal Protection After 60 Days

If you use a debit card for everyday purchases, a specific federal deadline decides whether the bank ever has to give stolen money back. Miss it by even a few days, and the law is no longer on your side. ✍🏻What This Video Covers ▫️The three-tier liability staircase that decides whether you lose $50, $500, or everything ▫️The exact day the clock actually starts — and why it's not the day you notice the fraud ▫️Why reporting fraud on time still might not get your money back right away ▫️The one federal law that makes your credit card fundamentally safer than your debit card ▫️Who has to prove what when a charge is disputed — and why it matters ▫️Three quiet changes that remove this risk in about fifteen minutes ✍🏻SOURCES Electronic Fund Transfer Act — consumer liability limits (Regulation E, 12 CFR § 1005.6) Regulation E — error resolution and investigation timelines (12 CFR § 1005.11) Truth in Lending Act / Fair Credit Billing Act — credit card liability limits (Regulation Z; 15 U.S.C. § 1643) Consumer Financial Protection Bureau — consumer guidance on EFTA/Reg E and TILA/Reg Z protections This video is general educational information for adults 50–68, not personalized financial, tax, legal, or investment advice, and watching it does not create an advisory or client relationship. Bank and card issuer policies vary, and figures and rules can change — confirm your own situation with your bank, card issuer, or a qualified professional before acting.