What is a credit card zero liability policy?

Unraveling the Shield: The Comprehensive Guide to Credit Card Zero Liability Policies

Introduction

In an era dominated by digital transactions and online purchases, credit cards have become an integral part of everyday life. As the prevalence of credit card usage continues to rise, so does the importance of understanding the safeguards in place to protect cardholders from unauthorized transactions and fraudulent activities. One such crucial safeguard is the Credit Card Zero Liability Policy, a feature offered by many credit card issuers to shield consumers from financial losses due to unauthorized transactions. In this comprehensive guide, we will delve into the intricacies of the Credit Card Zero Liability Policy, exploring its definition, scope, benefits, limitations, and the steps cardholders can take to leverage this protective measure.