New Credit Card Scam .. Snopes says this is true. This one is pretty slick since they provide YOU with all the information, except the one piece they want. Note, the callers do not ask for your card number; they already have it. This information is worth reading. By understanding how the VISA & MasterCard Telephone Credit Card Scam works, you'll be better prepared to protect yourself. One of our employees was called on Wednesday from "VISA", and I was called on Thursday from "Master Card". The scam works like this: Person calling says, "This is (name), and I'm calling from the Security and Fraud Department at VISA. My Badge number is 12460. Your card has been flagged for an unusual purchase pattern, and I'm calling to verify. This would be on your VISA card which was issued by (name of bank). Did you purchase an Anti-Telemarketing Device for $497.99 from a Marketing company based in Arizona?" When you say "No", the caller continues with, "Then we will be issuing a credit to your account. This is a company we have been watching and the charges range from $297 to $497, just under the $500 purchase pattern that flags most cards. Before your next statement, the credit will be sent to (gives you your address), is that correct?" You say "yes". The caller continues - "I will be starting a Fraud investigation. If you have any questions, you should call the 1- 800 number listed on the back of your card (1-800-VISA) and ask for Security. You will need to refer to this Control Number. The caller then gives you a 6 digit number. "Do you need me to read it again?" Here's the IMPORTANT part on how the scam works . The caller then says, "I need to verify you are in possession of your card". He'll ask you to "turn your card over and look for some numbers". ; There are 7 numbers; the first 4 are part of your card number, the next 3 are the security Numbers' that verify you are the possessor of the card. These are the numbers you sometimes use to make Internet purchases to prove you have the card. The caller will ask you to read the 3 numbers to him. After you tell the caller the 3 numbers, he'll say, "That is correct, I just needed to verify that the card has not been lost or stolen, and that you still have your card. Do you have any other questions?" After you say No, the caller then thanks you and states, "Don't hesitate to call back if you do", and hangs up. What the scammers want is the 3-digit PIN n umber on the back of the card. Don't give it to them. Instead, tell them you'll call VISA or Master card directly for verification of their conversation. The real VISA told us that they will never ask for anything on the card as they already know the information since they issued the card! If you give the scammers your 3 Digit PIN Number, you think you're receiving a credit. However, by the time you get your statement you'll see charges for purc hases you didn't make, and by then it's almost too late and/or more difficult to actually file a fraud report. What makes this more remarkable is that on Thursday, I got a call from a "Jason Richardson of Master Card" with a word-for-word repeat of the VISA scam. This time I didn't let him finish. I hun g up! We filed a police report, as instructed by VISA. The police said they are taking several of these reports daily! They also urged us to tell everybody we know that this scam is happening. Please pass this on to all your family and friends. By informing each other, we protect each other ! Peace and Love... Pray for the saints...

I would be unlikely to give out my details to that, it seems pretty lame.

Thanks and yes I have heard of it. Sneaky little ....!!!

Thanks for taking the time to warn others about what you have found out, Thanks

Thanx, no hadnt heard of it.

It is another one just as bad Charity www.legacynow.org Using the old folks Credit and valuable to set up a charity scam, by buying insurance, but they get no benefits, neither does the family,and at last you cannot give to charity of YOUR CHOICE

Thank you for letting us know about this. No, I haven't heard about this one. May the Lord bless you!

Good of you to let us know, thanks very much. I have starred it for my contacts.

Thanks for the heads up. I'll pass it along. You just earned your ARK [act of random kindness] for the day... Peace be with you!

I've starred it for my contacts as well. Thank you.

I never give out my credit card information to an incoming caller... If I were to receive this call I would thank the caller hang up and call the credit card company they mentioned directly... It's a pretty simple and easy way to protect your credit... If you are unsure of the number of your credit card company speak with your bank they have all the appropriate numbers and are very happy to give them to you if asked...

No haven't heard of it,Thanks!! I despise credit cards.

Thanx Alot for the info!!! I just got a new credit card (my first) a month or 2 ago, so knowing helps!!! Thanx again! : )

thank god,i dont do credit cards....

I was told another thing that you could do was to ask them to put you on hold and if it was really your credit card company you would hear their normal advertisements like for interest rates and such...

The best answer to scams like this, is LIFE LOCK!!! I joined them. For $9.99 a month I do NOT have to worry about scammers like this!

Thanks. I'll pass it along.

Remember, your credit card company already knows your security number appearing at the back of your card. It's important to follow your credit card transactions on the net and to call your company if anything suspicious appears. It anything appears unusual have them do a charge back and investigate. One night at 22h30 I got a phone call from a man saying he was from my phone company and wanted to confirm my address. I told him if my bills were paid it's cause I got them right! so what ever address they had they would have to deal with that one and I hung up.

Yes, I've heard of this scam. Thanks for passing the info along! God Bless You!!

thank you man of God for looking out for us and keeping us informed. God Bless Brother!!!!! I warned my husband about it in case anyone called his cell. Thanks again.

Oh my gosh! Thank you so much for the warning. No, I have not heard of that and I just got my first credit card. Thank you so much. If I hadnt read this, I probably would've fallen for it. Wow, I really appreciate this.