DEFINITION of 'Card Recovery Bulletin'
A paper listing of lost, stolen, past-due, over-limit, counterfeit or otherwise problem cards published by credit card companies, like Visa or MasterCard. Merchants will review the list to discover if a credit card seems suspicious or not.
BREAKING DOWN 'Card Recovery Bulletin'
Nowadays, records of problem or illicit credit cards are updated electronically and continuously by the credit card companies for quick and easy merchant access. Card recovery bulletins are still published, but they are usually used by non-U.S. merchants who either do not have computers or internet access.