Prepaid Card Scams - Do (2024)

Prepaid Card Scams

Prepaid Card Scams - Do (2)Prepaid Card Scams - Do (3)

Prepaid Card Scams - Do (4)

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.

  • Don’t 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 card’s 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.

Prepaid Card Scams - Do (2024)
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