JPMorgan to replace 2 million debit and credit cards

The bank is replacing the cards in the wake of the massive security breach at Target. (1/15/14)

NEW YORK - JPMorgan Chase is taking steps to protect customers in the wake of the massive breach at Target.

The bank is replacing nearly two million debit and credit cards after the massive hack over the holiday season.

Until the cards are replaced, Chase is putting limits on debit card use. The company says consumers have a maximum cash withdrawal of $100 and purchasing caps up to $300 a day.

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As many as 110 million Target customers may be impacted, including 40 million who used credit and debit cards.

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