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by cottsak 3324 days ago
In AUS it's much like chatmasta says: if its a CC linked a true "credit" account the issuer has the value entirely underwritten. If you can reasonably prove that someone stole it for example, then you'll get your money [credit] back.

If it's linked to a savings account and it's a Visa/MC debit card, for example, then it's a different story. The funds are not insured and so if you loose it it's on you.