yesterday dh & i got to eat lunch together b/c he had a meeting where i work and when we went to pay for our lunch, our CC was declined. so we call the company and they had put it on a hold because a company (big sky decor - http://bigskydecor.com/ - which per the website is a new e-commerce business that specializes in western and lodge furniture and decor) had charged $.01 to it last week and then refunded it right away. our CC company suspected they had charged a minimal amount like that to see if it was a valid CC and then usually after that they will start fraudulently charging lots to the CC!! thing is, i never saw that charge on my CC so i would have never known (and i check our online account every other day or so)... i know that netflix (per their website) apparently charges $.01 to the CC they have on file then refund it just to make sure it's a working CC but i've never seen that charge either ......
anywho, glad our CC company put a hold on our card - now they're closing that # down and issuing us new cards, which is kind of a pain b/c that's the card with the most cashback rewards so we use it more often but that's ok.
isnt that scary though?!
have you ever had a situation similar to this of credit card fraud, etc?
Re: potential credit card fraud!
Wow, thats crazy- but glad your CC company is looking out for you!
I had some problems with paypal once...someone was using skype with my account.
Whoah... glad the CC company caught it and took care of it quickly!
I've never had that happen, but our CC was declined yesterday at the AT&T store when we reserved my new iPhone. We semi-freaked out considering it has a balance of like $7 right now, but came to found out it was due to AT&T's server crash from the overload of iPhone 4 reservations, so it happened to everyone. :-)
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