alt Hacker NewsWhen my bank account got drained, I could not pay rent or any bills. I had enough cash for about a week of food. It took 4 weeks for the bank to decide I could be made whole. Ever since then I have never even put a debit card in my wallet. I know what the laws say. I have read endless "well banks usually[...]" type messages. and yet all the same I one day awoke to find myself transformed into a giant cockroach.
EFTA Reg E gives banks 10 days to make you whole (less an optional $50 deductible depending on when the fraud was reported). My experience going back decades is that they've simply reverted the charges instantly. What bank were you using? My experience is with the usual suspects --- Citi, Chase, and BofA.
Under the law, credit card issuers actually have more time to deliberate before making you whole, not less.