smartconsumer: Prepaid Card Scams - Do



Prepaid Card Scams

{What to Know} {What to Do}
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Be aware that scammers see prepaid cards as a new way to steal your money. Prepaid cards are good tools for scammers to use because:
  • Prepaid cards are hard to trace.
  • No photo identification is needed to use a card.
  • One card can be loaded with thousands of dollars.
  • Transactions are easy and quick.
How to protect your prepaid cards:
  • Never give anyone the serial number on a card, especially over the phone.
  • Donít send prepaid cards through the mail.
  • Never give anyone the receipt from something you bought with a prepaid card.
  • If you are buying online, and someone tells you to pay with a specific prepaid card, make sure that the seller is approved by the card company. You will find that information on the cardís website, which is often listed on the back.
  • If anyone calls and tells you that you must use your card to pay an unpaid bill, it is a scam. Hang up immediately. If you think you may have an unpaid bill, call the company directly to confirm.





Content Last Modified on 3/6/2017 4:00:26 PM