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What to do if you’re a victim of credit card fraud

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1. Call your credit card company immediately
First and foremost, it’s important to get ahead of the criminals using your card before they can inflict more damage.
2. Check your credit card accounts and change your passwords
Your best bet is to exercise caution. After you call your credit card company, make sure you check all of your other credit card accounts to see if they’ve also been compromised.
It’s important to note that, even though only one card may have suspicious charges, you can’t be sure how the fraudster got the information. So make sure you change all of your passwords and PINs just to be safe.
3. Notify the credit bureaus and call the police if necessary
Filing a police report is especially crucial if you see a pattern of fraudulent charges in the days following the first signs of suspicious activity. Sometimes credit card fraud can happen all at once, and other times it might be days or weeks apart.
If you notice multiple credit cards or financial accounts being used without your knowledge, contact the major credit bureaus to alert them and request a credit freeze. This can help stop criminals from doing further damage, like opening up a new credit card.
4. Monitor your statements and credit reports
After the first signs of credit card fraud, you’ll want to keep monitoring your credit card statements for a few months. Fraudulent charges can keep appearing on your card statements months after your card information is stolen if there was any additional information, such as login credentials, that may have been compromised.
5. Check your online shopping accounts
Nowadays, it’s fairly common for online shopping websites to let you save your card information for future purchases. Even if you’re protected by your credit card company’s “zero liability policy,” it’s important to make sure your online shopping accounts haven’t been compromised.
Remove the compromised card (as well as any other stored cards) in case your online shopping account is no longer secure, and change those passwords as well.

Titany answered the question on September 23, 2021 at 14:59

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What to do if you’re a victim of credit card fraud

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