Credit Card Fraud

OldNascar

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Tomorrow will be the third time this year I will have to go to my bank to report my credit cards being compromised by thieves. Anyone else caught up in this merry go round? I need advice as this is not how I wish to continue my day to day affairs.
 
If you’re buying a bunch of stuff online, see if your CC carrier offers a “virtual account number”. Essentially they issue a temporary number tied to your account that is good for a set time or a single purchase.
 
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Can’t you do that over the phone?

I’ve had a few instances over the last 20 years that involved CC fraud but it was always handled over the phone with no cost to me.

BTW, ya might want to make sure you can even see anyone at your bank. A lot of financial institutions will only see folks if they have appointment(due to the CCP Covid19), if at all.


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Easy to 'guess' a valid card number, use an embossing machine to make a new card but no data on the mag stripe and no chip. When the card is not read in store the 'customer' will ask the cashier to 'key it in', they use your number and it works sometimes. BOA used to offer the virtual card numbers but discontinued that.
See if you can get a card that has contactless payment, I use that for all my gasoline pay at pump. Agree just call the number on the back of the card and ask for fraud department, they will get on it ASAP.
 
The first and second hits against my account this year were for overseas purchases but this time the charges are from a Walmart, hit three times for $135 each. It's getting pretty widespread when the trashy side of town is in on the act don't you think. Looking back I think purchases on Ebay that come direct from China are suspect as all the fraud purchase were within a week of my China connection. Will not be doing that again. If this continues it's back to cash and the hell with the new world of doing business.
 
I used to get hit frequently when I had a Chase card. They always caught it before I did, but it got frustrating. Would get a new card in 2 days, but it seemed like every 45-60 days there was an out of the country charge that was bogus.
 
I used to get hit frequently when I had a Chase card. They always caught it before I did, but it got frustrating. Would get a new card in 2 days, but it seemed like every 45-60 days there was an out of the country charge that was bogus.
Did you switch credit card companies or just learn to live with it?
 
I have started using a prepaid debit card sometimes. Limits exposure.

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American Express told me my credit card was used for food and cab fare in Canada. Advised them I hadn't left the NC mountains. After their investigation, they still said it was a valid charge but forgave the balance. Got rid of that card and never looked back.
 
Seems unavoidable.
I have one card for recurring expenses.
One card on file with online vendors. I use PayPal checkout when I can just to keep the card info exposure down.
One card that I carry and use online for one-off stuff. This last one is the only one that has gotten fraud in the last few years. Seems like about once a year more or less.
 
Visa credit card.
I wouldn’t even bother getting dressed to resolve it. Call the 800 number, dispute the charges and ask for a new card.
 
Have your card issuer block any international transactions, NC SECU does that as default. You can get alerts if your card is not present and if charges are over a set dollar amount.
 
I fed a family of Chinese off and on for 6 months when i was in Afghanistan. They got my number in Germany when using a phone and used it once a month or so .
 
My wife's card has been hit twice by Door Dash. According to my bank it's a bad problem on Door Dash.
 
The first and second hits against my account this year were for overseas purchases but this time the charges are from a Walmart, hit three times for $135 each. It's getting pretty widespread when the trashy side of town is in on the act don't you think. Looking back I think purchases on Ebay that come direct from China are suspect as all the fraud purchase were within a week of my China connection. Will not be doing that again. If this continues it's back to cash and the hell with the new world of doing business.
They merchant on ebay isnt taking direct payment though so the people on ebay would not have access to your credit card. It's either your card was stolen from a website that was hacked where you purchased something from OR from a gas pump local to you. Gas pumps have skimmers that you can't even see.

https://www.pcmag.com/how-to/how-to-spot-and-avoid-credit-card-skimmers
 
Did you switch credit card companies or just learn to live with it?
I finally switched. Have to give Chase credit. They caught every one before I did, but every time I got hit, it was with their card. Never with any other card I have. It just got aggravating.
 
They merchant on ebay isnt taking direct payment though so the people on ebay would not have access to your credit card. It's either your card was stolen from a website that was hacked where you purchased something from OR from a gas pump local to you. Gas pumps have skimmers that you can't even see.

https://www.pcmag.com/how-to/how-to-spot-and-avoid-credit-card-skimmers
I was sort of afraid of that, I buy bullet molds from a couple of places and fear their site has been compromised. I've been paying in cash for what little gas I buy thinking I would be in the safe, but no, the thieves win again. Seriously thinking about using postal money orders and cash for transactions, I really don't like the idea of thieves getting buy Scot free and that is what appears to be the norm these days.
 
You don't have to use your card for the number to get stolen. 16 digits, dinner or which are fixed by the algorithm, a date, and an optional security code isn't a whole lot of number entropy.

Think of it in terms of passwords. Card numbers are like short passwords. Someone can run a computer script that roll churn through the possible combinations and see if get can get a hit with one accepting charges. Boom your card just scored the lottery.
 
My daughter's Amex card kept getting massive attempts in Spain and Argentina simultaneously, she was at UNC Charlotte and has no passport. Amex blocked all attempts. $2,000 Air BnB attempt on my card in Germany, no passport either. Blocked it. Insiders know the way the account number is generated.
 
I finally switched. Have to give Chase credit. They caught every one before I did, but every time I got hit, it was with their card. Never with any other card I have. It just got aggravating.
This has been our experience. Out of three cards, Chase is the only one (so far) that's been compromised. They did catch it both times.
 
This has been our experience. Out of three cards, Chase is the only one (so far) that's been compromised. They did catch it both times.
is it the one you use the most for online and traveling purchasing? Assuming yes because its probably a rewards card. I'm thinking correlation does not imply causation
 
is it the one you use the most for online and traveling purchasing? Assuming yes because its probably a rewards card. I'm thinking correlation does not imply causation
We have Chase, Discover, Citi (Mastercard). The Citi gets the least use, but Discover and Chase have fairly similar usage patterns. One difference is that the Chase/Discover gas pump usage ratio is about 2/1, so Chase has more potential skimmer exposure. We recently set up app payment to reduce gas pump swiping. For a while we were going in and paying cash, but that got old.

We get rewards from all of them. I'm just pleased that Chase caught the two instances.
 
Got back from the bank after finding out they are closed to walk in business and only accepting calls. Made my call, a nice down home speaking lady answered and fixed my problem in a matter of minutes, life is good for the moment. Thanks for the responses.
 
You don't have to use your card for the number to get stolen. 16 digits, dinner or which are fixed by the algorithm, a date, and an optional security code isn't a whole lot of number entropy.

Think of it in terms of passwords. Card numbers are like short passwords. Someone can run a computer script that roll churn through the possible combinations and see if get can get a hit with one accepting charges. Boom your card just scored the lottery.
There should be a 'boom you're going to jail' when one runs the script! As the world goes further off the 'data is power' cliff the rule of law will not be able to keep up with the graf and then we have chaos, jmho.
 
I fed a family of Chinese off and on for 6 months when i was in Afghanistan. They got my number in Germany when using a phone and used it once a month or so .
Did they send you Christmas cards ?
 
Movo card is the way I set up virtual card numbers basically to use as prepaid Visa.

More than likely you got gas at a skimmed pump or other compromised card reader. Websites are pretty good about end to end encryption. Payment processors have alot of money tied up in stopping fraudulent activity.

Your local gas pump? Not so much. Contactless or virtual is the best bet. A gas-only debit card like Shell Saver debit or gas buddy is the next best thing
 
is it the one you use the most for online and traveling purchasing? Assuming yes because its probably a rewards card. I'm thinking correlation does not imply causation
I never used mine. It was a backup more than anything else. I think I used it 3-4 times in 5 years.
 
There should be a 'boom you're going to jail' when one runs the script! As the world goes further off the 'data is power' cliff the rule of law will not be able to keep up with the graf and then we have chaos, jmho.

That is the MAIN problem. When the card companies find out who is the culprit they don't pursue charges. The thieves know this and take advantage.
 
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