Credit card fraud :

Credit card fraud is a wide-ranging term for theft and fraud committed using a credit card or any similar payment mechanism as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. Credit card fraud is also an adjunct to identity theft.

Reporting Credit Card Fraud


If you lose or have had your credit card stolen, you should immediately report it to your card issuer. Once you report the incident, you are no longer responsible for unauthorized charges made on your card.

In the US, credit card fraud can be reported to the Federal Trade Commission (FTC) and to local and regional authorities. It is the standing policy of the FTC not to investigate reports where the value of fraud does not exceed $2000. Local law enforcement may or may not further investigate a credit card fraud, depending on the amount, type of fraud, and where the fraud originated from.

If you are a merchant and you suspect orders have been placed for your products/services using stolen credit card information you will need to contact VISA/MC/AMEX/DISCOVER to obtain the issuing bank's phone number then call the bank to report that you suspect that their customer's credit card information has been stolen.


There are 6 main types of card fraud. Click the headings below to see more information:

• Counterfeit Fraud
• Theft or Loss of Cards
• Postal Interceptions
• Use of Card Details
• Identity Fraud
• Cashpoint Fraud

Fraud checks
We may call our customers to ensure that the spending we are seeing on their account is genuine. These calls are in no way a reflection of your financial status and will have no effect on your credit rating.

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