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PNC Replacing Credit Cards Of Customers Who Shopped At Target During Breach

PITTSBURGH (KDKA) – PNC Bank is sending letters to its credit card holders, advising customers that it will be replacing their PNC credit cards over the next few weeks if they used that card to shop at Target between Nov. 27 and Dec. 15.

"I think they should replace them," said Larry Smith of Mt. Washington. "They are a lot of criminals out there, might use your information, so I think it's a good thing."

Last December, Target confirmed that credit and debit card information for 40 million customers had been stolen, allegedly by Eastern European criminals using information obtained from one of Target's suppliers.

PNC told KDKA money editor Jon Delano that they've seen no spike in fraud among their customers as a result of the Target breach.

And they won't disclose how many new cards they are sending out to their customers.

The bank says they're just playing it safe.

Customers approve the preventive action, which only applies to PNC credit cards and not PNC debit cards.

"On the surface, it makes sense to me," said Lucinda Beattie of East End.

Of course, not all PNC credit card holders shopped at Target.

"Luckily, I don't shop at Target, so I should be all right," noted Mike Loftis of South Side. "Yeah, that's probably smart. They're the first ones doing that to cancel the credit cards."

Actually, NexTier Bank was the first local bank to act -- and they did so last December -- but more banks are expected to do the same.

PNC says affected customers will get the replacement credit cards seven to 10 day after their initial letter -- and have until April 30 to activate the new card.

After that date, their old card will become invalid.

RELATED LINKS
Data Stolen In Target Breach Now For Sale On Black Market (2/4/14)
Pa. Vendor Confirms Link To Target Data Probe (2/7/14)
Target: Data Breach Caught Up To 70M Customers (1/10/14)
More Reports by Jon Delano

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