I was busy writing my weekly column and let the phone go to voicemail knowing I could return the call. After completing my article, I listened to our voicemail. Lo and behold, it was the credit card company letting me know that they suspected fraudulent activity on my credit card. Someone was having a great time charging on my card!
Lo and behold, it was the credit card company letting me know that they suspected fraudulent activity on my credit card. Someone was having a great time charging on my card!
I was thankful that the credit card company found the fraud, but I felt so violated. We still don't have all of the charges reversed, one more thing I need to work on. I have no idea how thieves got my account number, as the card was in my wallet and it was a "chip" card.
I called our accountant to discuss this with her and learned that she and her husband recently experienced fraud. She found unauthorized charges on her statement; someone purchased entertainment items. Her credit card company first accused her of making the purchases, but finally refunded the unauthorized charges.
This can happen to anyone, even those of us who are vigilant.
Please be careful with your information. Credit card and identity theft are on the rise at this time of year.
Here are some tips to stay safe:
•Carry a minimum of credit and debit cards with you when you shop and never carry your Social Security card.
•Always keep your eye on your credit card. This is sometimes difficult in a restaurant, so be aware of how long the person that has your card is gone and make sure you check your statement or bank promptly.
•Check your bank and credit card statement on a regular basis. I monitor our checking account online several times a week.
•Save all of your receipts so that you can verify the charges against your statements.
•If you find a discrepancy, call your bank or credit card company immediately.
•Be "stingy" giving out your Social Security number. Ask exactly why it is needed, as most times it isn't truly required.
•Be as careful with your medical insurance card as you are with a credit card. Medical fraud is becoming big business.
Stay vigilant and don't leave yourself vulnerable. Christmas is on the horizon and thieves are looking for easy money.
Janice Lynn Crose, a former accountant, lives in Crestview with her husband, Jim; her two rescue collies, Shane and Jasmine; and two cats, Kathryn and Prince Valiant.
This article originally appeared on Crestview News Bulletin: 7 tips to safeguard personal and financial information