“Fraud Department…” I was not just seeing things, I can’t be wrong. I hurriedly went to check out who was on the other line, as our land phone rang last Sunday evening. With my heart beat at 100 bpm, I picked up the phone and came the automated voice alerting me that they have detected some unusual activities on my own credit card. I swear, my heart beat rose to 120 bpm, as I anxiously waited for the prompt to talk to a fraud specialist.
If there is any one thing that my husband and I have been always on top of, that is none other than our finances. We only have three credit cards; one joint and one each under our separate names and I have my only one store card: that is, Saks as a SaksFirst member. On top of these, we have a card that works as a credit card which is directly tied up with our financially managed stock account but this one is actually at the bank vault, because we never use this, as whatever is billed on this card is directly debited from our stocks investment.
I was just out of the shower when the phone rang, and I tell you, even if it was only 45 degrees here in NY, I started to sweat. I was told that on that day, there were several purchases online amounting to $7,400. The fraud specialist enumerated the names of the establishments where the purchases were made, and of course, I had to say I did not make those purchases. To make the long story short, the bank had to close the account right there and then and had to issue me a new card under a different account number.
This credit card must have been one of those that was compromised as a result of some corrupted documents on one of the stores that I shop from. I did received a notice from the store many months ago informing me of that occurrence. This card is used once in a blue moon, in fact, I use it just to ensure it’s kept active. Most of the time, it’s our joint credit card that we use often. That’s why this incident was a big shocker.
As soon as I got off the phone I had to dial up the automated service on our other credit cards to check on recent activities, and so far, everything is accurate. This makes it a lot better to just use cash when making purchases, just the way my husband likes it. Believe me, he is very diligent with this, that whenever we travel, that plastic is not used. Every time that card is swiped, or given to the waiter or that account information is used to make a purchase online, there is a considerable amount of risk involved. It’s scary but life has to go on. The one thing great about credit cards is that our liability is only up to $50. I have to be thankful, it was not a case of total identity theft.