Does the bank have to pay for goods purchased on a stolen credit card?

Question Details: I must have dropped my credit card when I was out last night - I’ve noticed that someone has bought a whole lot of clothes on it, do I have to pay for this or does the bank?

Filed under Consumer Law | 2459 View(s)

Are you a lawyer? Login or register to answer this question.

Answers by Lawyers

Community Law Wellington & Hutt Valley

There is not a straightforward answer to this. You may have to pay for the clothes yourself if you were not taking good care of your credit card. We suggest you read this answer here: www.lawspot.org.nz and get in touch with your bank.

Answered 30 Jul 2012. The IMPORTANT NOTICE below is part of this answer.

IMPORTANT NOTICE: The answer provided above is intended for general informational purposes only and cannot be considered a substitute for face-to-face legal advice. It should not be relied upon as the sole basis for taking action in relation to a legal issue. Laws change frequently, and small variations in the facts, or a fact not provided in the question, can often change a legal outcome or a lawyer’s conclusion. No liability whatsoever is accepted by the authors or publishers of the answer, for loss, damage or inconvenience arising in any way from the use of this site. While each answer has been published by a lawyer with a practising certificate, that person may not necessarily have experience in the particular area of law involved.

For more information about this website, please review our Terms of Use.