JPMorgan Chase limits Chase debit cards used at Target stores

JPMorgan Chase & Co (JPM) on Saturday notified customers who used debit cards at Target Corp stores during the recent security breach that it limiting use of the cards to cash withdrawals of $100 a day and purchases totaling $300 a day. It does not apply to credit cards. The bank spelled out the limits in an email to customers with the subject line: “Unfortunately, your debit card is at risk by the breach at Target stores.” Target said on Thursday that computer hackers had stolen data from as many as 40 million credit and debit cards of shoppers who visited its stores during the first three weeks of the holiday season.

    

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