Their generosity is underwhelming

Leave it to Chase to come up with a timely response to the Target card-security breach: they’ve imposed strict limits on any debit card that might have been used at Target, and by “strict” we mean $100 a day from non-Chase ATMs and $300 a day in purchases. Just in time for Christmas, too.

Chase has about 23 million cardholders; they estimate that two million were affected by the Target snafu.

You might remember that Roberta X said earlier this week:

I’m one of the forty million, waiting for the other shoe to drop and wondering what I ought to do next. If I do go back, I’ll pay in cash.

If more than a handful of consumers follow suit, there will be ructions in the industry.

Disclosure: I’ve been to Target three times since Black Friday. No card swiped: strictly cash. This is less a tribute to my ability to see these things coming than an acknowledgement that it seems like a waste to bring out the plastic for a Glitter Pinkie Pie and a bottle of Flexeril.







2 comments

  1. roger green »

    23 December 2013 · 12:34 am

    My wife was one of the forty million too. Odd, because usually, she’s one of those people who usually uses checks, of all things.

  2. McGehee »

    23 December 2013 · 8:05 am

    When I go to Target I use plastic, but I don’t seem to go to Target much even when the locusts aren’t swarming.

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