Banks take action to help Target customers - New York News

Banks take action to help Target customers

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NEW YORK (MYFOXNY) -

Banks are taking action to help the millions of Target customers who may have had their account information stolen.

Most Chase branches were actually open Sunday to issue new cards for those customers that shopped at Target, and people with a Chase debit card that shopped target were given limits of how much money they could take out.

Only $100 at a time.

With just a few shopping days until Christmas, about 2 million Chase debit customers were given spending limits $100 a day for cash withdrawals and a $300 maximum in purchases.

Last week, Target announced that as many as 40 million customers that swiped their cards at Target locations across the US between November 27 and December 15 may have had their account information stolen by computer hackers.

On Sunday, US Senator from NY Charles Schumer called on the Federal Consumer Financial Protection Board to conduct a full investigation into how the information was stolen from Target.

“Without a full investigation ...there is no reason why such a large breach couldn't happen again and again and again,” Schumer said.

One Target employee said that many people, even other employees are afraid of opening Target’s credit card, the Red Card, as people rethink credit card security in the wake of the Target fiasco.

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