Warning Bulletin

AAA

DEFINITION of 'Warning Bulletin'

A listing compiled on a weekly basis of credit cards that have been canceled, are past due or have been reported stolen credit card.


Also known as the "Hot List."

INVESTOPEDIA EXPLAINS 'Warning Bulletin'

The warning bulletin was created by the two biggest credit card vendors, MasterCard and Visa.


Technological advances have led to the replacement of paper bulletins with online terminals that provide instant notification of suspect accounts or invalid bank cards to processing merchants. For example, if a stolen credit card is used the terminal might produce a message stating that the card is listed on the Warning Bulletin.

RELATED TERMS
  1. Zero-Floor Limit

    A retail authorization system in which all of a merchant's credit ...
  2. Identity Fraud Reimbursement Program

    A financial product that offers reimbursment for the costs associated ...
  3. Card Recovery Bulletin

    A paper listing of lost, stolen, past-due, over-limit, counterfeit ...
  4. Credit Report

    A detailed report of an individual's credit history prepared ...
  5. Identity Theft

    The crime of obtaining the personal or financial information ...
  6. Phishing

    A method of identity theft carried out through the creation of ...
Related Articles
  1. Getting Your Kids Their First Credit ...
    Credit & Loans

    Getting Your Kids Their First Credit ...

  2. Take Control Of Your Credit Cards
    Credit & Loans

    Take Control Of Your Credit Cards

  3. How Credit Cards Affect Your Credit ...
    Credit & Loans

    How Credit Cards Affect Your Credit ...

  4. Cut Credit Card Bills By Negotiating ...
    Options & Futures

    Cut Credit Card Bills By Negotiating ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center