If your ATM or debit card is stolen and used,you be responsible for all charges put on the card if you fail to report the theft within

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Under the Electronic Fund Transfer Act, if you report your ATM or debit card as stolen within 2 business days, your liability is limited to $50. If you report the theft after 2 business days but within 60 days after your statement showing the unauthorized transactions is sent to you, your liability could go up to $500. If you fail to report the theft within 60 days after your statement is sent to you, you could be responsible for all charges.

If Your ATM or Debit Card Is Stolen and Used,you