Check credit card statements often to beat card fraud
By UK CreditCards.com
Keeping up to date with credit card statements can help consumers detect any potential incidents of fraud, one industry figure has said.
Fraud expert Kerry D'Souza from car protection firm CPP said that statements can offer key clues to illegal card activity. Speaking to the Daily Mirror, she explained that vigilance is the best way to beat credit card criminals.
"Criminals like card-not-present crimes because they can do it without having to make face-to-face transactions," Ms D'Souza explained.
"People need to be vigilant and check their bank statements. Being a victim of fraud, with average sums of £650, can be very stressful and a lot of hassle. The banks do look for unusual transactions, but we all need to be careful."
Updated: 2 April 2009
- Industry responds to FCA's proposal on persistent credit card debt – Here's what industry experts have to say about the FCA's proposal to help credit card consumers in "consistent debt" ...
- Open banking FAQs answered – What is the new "open banking" initiative, how will it work and how will it benefit you? ...
- FAQs on FCA proposal for helping consumers with persistent credit card debt – The FCA is suggesting new rules for credit card companies to help those with "persistent debt". Here's what you need to know ...