Saturday, March 6, 2010

Be Careful of your CREDIT CARDS!!

These incidents can happen to anyone. I never realized this could happen till I read this. I will make sure I am more careful when I use it from now on. Hope you find this piece as informative as I did!!

SCENE 1.
This is a new one.
People sure stay busy trying to cheat us,don't they?
A friend went to the local gym and placed his belongings in the locker. After the workout and a shower, he came out, saw the locker open, and thought to himself, 'Funny, I thought I locked the locker.

Hmm, 'He dressed and just flipped the wallet to make sure all was in order. Everything looked okay - all cards were in place.

A few weeks later his credit card bill came - a whooping bill of $14. He called the credit card company and started yelling at them, saying that he did not make the transactions.

Customer care personnel verified that there was no Mistake in the system and asked if his card had been stolen. 'No,' he said, but then took out his wallet, pulled out the credit card, and yup - you guessed it - a switch had been made . An expired similar credit card from the same bank was in the wallet. The thief broke into his locker at the gym and switched cards.

Verdict: The credit card issuer said since he did not report the card missing earlier, he would have to pay the amount owed to them. How much did he have to pay for items he did not buy? $9,000! Why were there no calls made to verify the amount swiped?

Small amounts rarely trigger a 'warning bell' with some credit card companies. It just so happens that all the small amounts added up to big one!

SCENE 2.
A man at a local restaurant paid for his meal with his credit card .The bill for the meal came, he signed
it,and the waitress folded the receipt and passed the credit card along.

Usually, he would just take it and placeit in his wallet or pocket.. Funny enough, though, he actually took a look at the card and, lo and behold, it was the expired card of another person.

He called the waitress and she looked perplexed.. She took it back, apologized, and hurried
back to the counter under the watchful eye of the man.All the waitress did while walking to the
counter was wave the wrong expired card to the counter cashier, and the counter
cashier immediately looked down and took out the real card . No exchange of words --- nothing! She
took it and came back to the man with an apology

Verdict: Make sure the credit cards in your wallet are yours. Check the name on the card every time you sign for something and/or the card is taken away for even a short period of time.Many people just take back the credit card without even looking at it, 'assuming' that it has to be theirs.

FOR YOUR OWN SAKE, DEVELOP THE HABIT OF CHECKING YOUR CREDIT CARD EACH TIME IT IS RETURNED TO YOU AFTER A TRANSACTION!


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