Tag Archives: fraud alerts

How a misspelled email address helped me spot card fraud

Rebecca Lake

It’s hard not to worry about the security of our financial information these days. It seems like there’s a new data breach making headlines at least once a week. When it came to protecting my bank and credit card accounts,…
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My new BFF who fraudulently opened an authorized user card on my account

Sally Herigstad

When I worry about identity theft, I’m likely to worry about someone stealing my cards and going on a spending spree with them. Or maybe someone would open a new account, using my name and Social Security number. Recently, however,…
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Real-time security alerts bring peace of mind

Sienna Kossman

While out holiday shopping recently, I learned there’s nothing like a little extra reassurance by your credit card issuer to give you instant peace of mind in this era of data breaches and identity theft. During a visit to Austin,…
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Why banks stop your purchases (and what you can do about it)

Matt Schulz

Like it or not, your credit card company is watching what you buy, where you buy it and just how much you spend on it.

One of the big reasons for this: sniffing out fraud.

In the wake of huge headline-grabbing breaches at Target, Michael’s and other retailers, banks are constantly on the lookout for purchases that might seem strange or out of character for a particular credit card holder. Oftentimes, they’ll call or text a cardholder if something looks unusual. They’ll even decline a purchase if it seems iffy.

But what exactly makes a purchase look sketchy?

Don’t know? Don’t feel bad. According to the latest CreditCards.com survey, many of your fellow cardholders don’t either.

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