Individual customizes settings to combat credit card fraud

A person has been targeted frequently by credit card scammers. Each week, attempts were made to use their cards, but security features from the bank helped prevent major losses. Recently, while working at home, the person received several transaction alerts for charges from different outlets, all within a minute. The bank quickly reversed a one-dollar charge. However, there were more attempts, including charges from Netflix and other companies. Thankfully, the bank blocked the card before further transactions could go through. Even after cancelling the compromised card, attempts continued. Scammers tried to use the cancelled card for purchases and targeted various businesses. This made the person realize that scammers could be using technology to hide their location. About a month later, another card faced attempts from different merchants. However, the bank's security settings helped prevent any issues. The person had set these features to allow only specific transactions. Banks are working hard to combat scams and often educate customers. They caution against clicking unknown links as scammers create fake pages that mimic real sites. It’s advised to check the sender's email address to confirm its authenticity. The rise of cyber-attacks highlights the importance of security. To protect themselves, customers are encouraged to understand their bank's safety features, such as blocking transactions from specific countries or controlling daily spending limits. One effective strategy shared is using a temporary block feature on cards, allowing them to remain frozen until needed. Another person mentioned using a debit card with a low balance for online purchases, loading it with just enough for each transaction. Staying vigilant and informed is vital, as scammers constantly adapt.