Solve : Is this an email scam??

1.	Solve : Is this an email scam??
Answer» No bank in their right mind will EVER send you an email about your service status, account information, updating contact INFO, fraud alerts, or anything relating. This is against almost all banks policies, and is a way to prevent fraud. Email is too open to allow such inportant sensitive information to be exchanged. True, but in this case, no bank was involved. The company was merely reminding him that a credit card he was using for regular payment on that account was about to expire. In other words, he does not need to logon to a website to make payment every month, or whatever billing period they use. He has created a user profile on the company's website whereby he designated a credit card to be automatically charged each billing period. Credit cards have expiration dates, after which any transactions attempted with the card would be rejected. The credit card issuer normally SENDS a new card with a new expiration date to replace the old card. In this case, if Kip does not logon to his account and update the credit card expiration date, future charges against that card by this vendor would be rejected and his account with them might be closed or suspended, with an interruption in service.Ok, I understand now. (I still think that buisnesses have no right to even mention "credit card" in emails, but this is acceptable. ) Thanks for the explanation, Soybean (applaud)Quote from: soybean on April 02, 2007, 02:30:59 PM We know. Just thought everybody needed my learned opinion. I'm new to this site. I just wanted to say that the announcement looked similar to some of the five fake "ads" I looked at, on bank web sites. Each site SAID that a message similar to yours was a scam. Some said that just by opening the e-mail, you might download an executable program that would either send your personal information to a web site, or use your computer to send e scam mails to other people on the web. Most web sites said that the "requesting site" was fake, even though it looked real. Three of the sites advised that if you either opened the e-mail, or clicked on a link, you should call or e-mail the bank and report that your card was compromised or stolen. Here is some information from one of the sites: "The latest phish e-mail scams pretend to be from Visa, MASTERCARD or a Credit Union organization claiming that because of a recent Phishing attack, card companies have deactivated member debit cards. The scammers then ask the e-mail recipient to reactivate their cards by inputting card information, also stating there is no reason to call, but if there are problems to call customer service. VISA, MASTERCARD, LORMET or CREDIT UNION ORGANIZATIONS WILL NEVER E-MAIL YOU AND ASK FOR PERSONAL INFORMATION. Recipients should not click on any links in the message and should delete the message. " (personally, I don't see much difference between starting off by telling you that your card is expired or about to expire, or that it is about to be "deactivated".) You might want to check it out. In order to GET to a number of legitimate sites, just go to a good search engine, and put in the terms " e mail scam credit card" Then make up your own mind.

Answer»

No bank in their right mind will EVER send you an email about your service status, account information, updating contact INFO, fraud alerts, or anything relating.

This is against almost all banks policies, and is a way to prevent fraud.

Email is too open to allow such inportant sensitive information to be exchanged.

True, but in this case, no bank was involved. The company was merely reminding him that a credit card he was using for regular payment on that account was about to expire.

In other words, he does not need to logon to a website to make payment every month, or whatever billing period they use. He has created a user profile on the company's website whereby he designated a credit card to be automatically charged each billing period. Credit cards have expiration dates, after which any transactions attempted with the card would be rejected. The credit card issuer normally SENDS a new card with a new expiration date to replace the old card.

In this case, if Kip does not logon to his account and update the credit card expiration date, future charges against that card by this vendor would be rejected and his account with them might be closed or suspended, with an interruption in service.Ok, I understand now. (I still think that buisnesses have no right to even mention "credit card" in emails, but this is acceptable. )

Thanks for the explanation, Soybean (applaud)Quote from: soybean on April 02, 2007, 02:30:59 PM

We know.

Just thought everybody needed my learned opinion. I'm new to this site. I just wanted to say that the announcement looked similar to some of the five fake "ads" I looked at, on bank web sites.

Each site SAID that a message similar to yours was a scam. Some said that just by opening the e-mail, you might download an executable program that would either send your personal information to a web site, or use your computer to send e scam mails to other people on the web. Most web sites said that the "requesting site" was fake, even though it looked real.

Three of the sites advised that if you either opened the e-mail, or clicked on a link, you should call or e-mail the bank and report that your card was compromised or stolen.

Here is some information from one of the sites:

"The latest phish e-mail scams pretend to be from Visa, MASTERCARD or a Credit Union organization claiming that because of a recent Phishing attack, card companies have deactivated member debit cards. The scammers then ask the e-mail recipient to reactivate their cards by inputting card information, also stating there is no reason to call, but if there are problems to call customer service. VISA, MASTERCARD, LORMET or CREDIT UNION ORGANIZATIONS WILL NEVER E-MAIL YOU AND ASK FOR PERSONAL INFORMATION. Recipients should not click on any links in the message and should delete the message. "

(personally, I don't see much difference between starting off by telling you that your card is expired or about to expire, or that it is about to be "deactivated".)

You might want to check it out. In order to GET to a number of legitimate sites, just go to a good search engine, and put in the terms " e mail scam credit card"

Then make up your own mind.

Solve : Is this an email scam??

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