Scam Alert: Watch Out for $9.84 Charges on Your Credit Card Statement
Do you check your credit card statements regularly? If not, you are the type of victim that these credit card scammers are looking for.
Scammers are banking on the fact that most consumers don’t check their credit card statements regularly or that carefully. This new con places unexplainable charges of $9.84 on your monthly credit card statement.
How The Scam Works
There will be a recent charge of $9.84 on your credit card statement. The source that is listed on your bill is an unfamiliar website. When you decide to investigate and check out the website, it isn’t the business’s website. It is a just a generic landing page that is claiming to offer Customer Support. The text then promises to refund 100% of your last payment and event provides a phone number and an email address to contact them back on.
Scammers are charging stolen credit cards small amounts of money at a time so that credit card holders won’t notice what is going on in their accounts. These scammers are actually expecting cardholders not to notice the relatively small charges.
Don’t call the number or follow up with an email. Instead call your bank and alert your bank of the fraudulent charges and that you may have possibly been victim of identity theft. Immediately cancel your credit card and order a new one.
Reduce Your Risk of Credit Card Fraud
• Report lost credit cards immediately to your credit card lender. In the US and Canada, if your credit card is lost, misplaced, stolen, or used without your permission you may be responsible for up to $50. If you report your credit card loss before the card has been used, you will not be held responsible for any unauthorized charges.
• If you notice unauthorized charges, immediately cancel your card and order a new one. Fraudulent charges means that your credit card information has been compromised.
• Never lend out your credit card. Also never leave your credit card statements, receipts, or the cards itself lying around your house, car, or office.
• Never sign a blank charge slip. Make sure that you draw lines through blank spaces on the charge slips so that they totals won’t be changed.
• Use caution when making a purchase with you credit card over the phone or online. Unless you know the person you are dealing with or you are dealing with a reputable company, never give out your credit card information.
Following these simple tips can make the difference between living in financial freedom and having your credit ruined by scammer.
April Lewis-Parks has more than 15 years of experience in the financial sector, she is a certified financial counselor, and a consumer affairs advocate. As the director of education and public relations for Consolidated Credit she is dedicated to generating awareness about personal finance issues and acts as their consumer affairs advocate. As host of MissMoneyBee.com, she promotes financial education and offers timely and informative personal finance articles to educate the public. April’s promotional efforts can be seen in past issues of the New York Times, Washington Post, Newsday, Consumer Reports, the Business Journals, Money Magazine, Glamour, Cosmopolitan, Family Circle, among others. Connect with April on Google+.