> You think a fraud will stop before reaching the limit?
Yes. Credit card issuers block transactions they believe are fraudulent. Being liable for fraud motivates them strongly.
Anecdotally I've had a couple of credit cards compromised in my life. On each occasion the thief got less than a couple hundred dollars before being detected.
A thief will usually try a couple smaller transactions first to see if the card is good. Large unusual transactions get flagged for review quickly.
> Credit card issuers block transactions they believe are fraudulent.
They do? I never had a CC and I don't know if that's the case where I live.
Maybe I'm being paranoid, but I don't trust banks: I don't trust them blocking fraud transactions, and if they do, then I wouldn't trust them to not block my transactions and leave me stranded on vacation somewhere, and finally I don't trust them to revert fraud transactions if they ever happen.
> I wouldn't trust them to not block my transactions and leave me stranded on vacation somewhere
I have multiple credit cards. And a debit card, and cash. It's advisable to notify the credit card company if you plan to travel. Most card websites and apps have a feature for this.
> I don't trust them to revert fraud transactions if they ever happen.
This might be a European thing. In the US credit card issuers are liable for any fraudulent transactions by law.
Yes. Credit card issuers block transactions they believe are fraudulent. Being liable for fraud motivates them strongly.
Anecdotally I've had a couple of credit cards compromised in my life. On each occasion the thief got less than a couple hundred dollars before being detected.
A thief will usually try a couple smaller transactions first to see if the card is good. Large unusual transactions get flagged for review quickly.