Always be Careful With Your Credit Card Details

By: Reno Charlton

Over recent years credit card fraudsters have been looking at different ways to try and obtain the card details of people, and those that are handed the details on a plate by the cardholder are able to access their accounts, take their money, and steal their identity.

This is why people are continually being urged not to give out their credit card details to anyone that asks, no matter where they claim to be from. However, many cardholders still give out this information in response to phone calls, letters, and emails, and many end up becoming the victims of card crime.

Often these fraudsters will target more vulnerable cardholders who are more likely to give away their details without thinking about the consequences. And quite often the fraudsters manage to get the card details with the promise of cash for the cardholder at the end of it.

This is something that cardholders are urged to think carefully about - it is important never to give out your details in response to an email, letter, or unsolicited phone call because no matter who the caller or writer claims to be you never actually know who you are giving those important card details to.

For example, one recent case has been highlighted in . Some people have been receiving emails claiming to be from HM Revenue and Customs, and the email states that they are entitled to a tax refund. However, the email also asks for their credit card details. It claims that the tax refund will be provided through the customer's credit card account, and some cardholders have fallen hook, line, and sinker for this scam, enabling the fraudsters to take their money.

The Institute of Chartered Accountants has been issuing warnings about these fake emails, which are being sent to consumers in England and Wales, warning people not to provide their card details in response to the email.

Banks and agencies have always said that they never phone or email consumers asking them for their credit card account details, and any such phone call or email should be treated with the utmost suspicion.

While you can make sure you and choose a high , you still need to do everything you can to prevent fraud from happening.

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