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Bank fraud dept.

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searay

VIP Member
Dec 20, 2017
925
790
I have to stop using my debit card online as it keeps getting fraud charges and they canx the card and you have to go in and get a new one and change all the auto-pays and accts. like at the gym. I got one about a week ago for a 0.00 charge, 'did you make this charge'? UM DAH......NO? I called the fraud dept and get some overseas fuck who sounds just like Biden. MUMBLE MUMBLE MUMBLE, I asked him to transfer me to an english speaking SV and he says I can not MUMBLE MUMBLE you have to call back. I call back and my acct doesn't exist. I go to the bank and some blondie def. light in his loafers tells me he doesn't see a block on my card and says, in his best flamingo fag, 'go to the ATM outside and see if you can get a balance, if you can your good to go'. I get a balance so I go to WM and it doesn't work. I go back to the bank and Miss 'I'm not responsible for anything' keeps avoiding my questions and answering the questions she comes up with instead. I asked her why can't they just block the charge and leave my card working, well then my card number would be out there for more fraud. MY CARD WAS OUT THERE, THE NEW CARD WILL BE OUT THERE, AND THE CARD AFTER THAT WILL BE OUT THERE. And as important as fraud is, why couldn't I be transferred to a supervisor who speaks good English, well I'm not responsible for who they hire. Doesn't it bother you that with all the illegal aliens crossing into the US that the fraud dept this bank uses could be a group of these illegal aliens? Screw my acct, seems like there setting up to drain the entire bank of there assets. Of course there are no illegal aliens working for our fraud dept and I said 'how do you know, you just said you have nothing to do with who they hire'. Well I can assure you that's not happening, so I said well thank God for social media cause by the time I get done with this bank the entire financial world will think so. hahahahahaha
 
JackD

JackD

Senior Moderators
Staff Member
Sep 16, 2010
6,483
1,707
I stopped using my bank card years ago after it took 6 months for them to give me the money back from a fraud thing. And it wasn’t like $10… it was hundreds… they did several $200 charges, by the 4th one the fraud system kicked in and shut the card down. When I was talking with them, I said, your system should be smart enough to see I can’t swipe it in multiple states or counties… the first charge should have locked the card down. 6 stupid months till I got my money back. Now I use one CC for everything. Much better system.
 
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searay

VIP Member
Dec 20, 2017
925
790
I tried using my PP card for the same transaction that shut down my debit card. PP shut my card down and didn't even tell me. I called to find out and after a half hr of auto-mated BS I finally got a person on the phone who told me they had sent me a new card for a different fraud charge wks ago and it got returned for a wrong addy which I had changed several times but apparently never took. Changed my addy and then found out the card I had was blocked months ago, the new card they had sent to the wrong addy was blocked, etc etc etc. I think I'll use a cc for online transactions and my debit card for cash transactions.
 
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Massive G

VIP Member
Apr 10, 2020
1,221
1,424
I stopped using my bank card years ago after it took 6 months for them to give me the money back from a fraud thing. And it wasn’t like $10… it was hundreds… they did several $200 charges, by the 4th one the fraud system kicked in and shut the card down. When I was talking with them, I said, your system should be smart enough to see I can’t swipe it in multiple states or counties… the first charge should have locked the card down. 6 stupid months till I got my money back. Now I use one CC for everything. Much better system.
Me too. Use ccs to pay everything and pay it off. I dumped debit cards 30 years ago when I kept pulling cash out and those dreaded ATM fees. Debit cards and fraud and banks refused to return the $$.
 
Wallyd

Wallyd

VIP Member
Dec 10, 2013
1,411
1,086
I use debit all the time & I haven’t had any issues that I can remember. Maybe one time years ago I remember I had to request a new card for some reason but it’s been so long I don’t remember why.
 
JackD

JackD

Senior Moderators
Staff Member
Sep 16, 2010
6,483
1,707
Me too. Use ccs to pay everything and pay it off. I dumped debit cards 30 years ago when I kept pulling cash out and those dreaded ATM fees. Debit cards and fraud and banks refused to return the $$.
It’s all BS… I also hate how banks use our money to make more money for the bank and then give us trash interest. Banks are Evil
 
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ceo

VIP Member
Oct 12, 2010
1,161
920
Credit cards have fraud protection. You aren't liable, and the money is credited back to you while the CC company absorbs the fraud charges as they go after the fraudsters.

Never use debit unless you need to pull cash from ATM or cash back at the grocery store.

Use CC and pay it off every month, which you can setup auto pay so you are never late.

Sent from my SM-S926U using Tapatalk
 
MorganKane

MorganKane

VIP Member
Nov 12, 2012
1,755
1,056
I use a Chase sapphire reserve card. Fee is $500 per year but you get a bunch of direct benefits like $300 back in travel expenses and many other things.
I use it for everything and always pay off the balance every month, so never paid them a penny in interest.
I do this for seveal reasons like fraud protection but mostly for the points. I ran over $90K on the card last year.
I put everything I can, insurance and electric bill are on the card. For certain type of purchases you get 3 times the points.
We use the points for travel, like tickets to Cancun. Worked out great for us.
 
beefnewton

beefnewton

VIP Member
Nov 11, 2022
1,469
1,742
I tried to get Sapphire Reserve but they declined preapproval. Min credit score among all bureaus was 826 at the time. No balances carried, no debt other than car loan. Dicks. Same with Venture X, and Cap One is my damn bank.

I needed another travel card and just went back to Amex Plat but I would have preferred the Sapphire or Venture X as they are more attuned to my travel needs and spending.
 
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Iron1

VIP Member
Jul 7, 2021
181
316
Agree with using CC for everything.
It's their money until you pay them back so they're much more motivated to resolve fraud claims than a bank.

Get one with solid cash back rewards, pay off the balance every month and you're golden.
 
Friggemall

Friggemall

VIP Member
Jun 16, 2020
463
668
By using a cc also you can get more benefits like many will extend warranties on things you buy. Say you buy something with a 1 yr warranty and it breaks on day 366 and the company won't back it up, many CCs will for an additional year.
 
Tiny

Tiny

Senior Member
Dec 12, 2011
202
98
I use a Chase sapphire reserve card. Fee is $500 per year but you get a bunch of direct benefits like $300 back in travel expenses and many other things.
I use it for everything and always pay off the balance every month, so never paid them a penny in interest.
I do this for seveal reasons like fraud protection but mostly for the points. I ran over $90K on the card last year.
I put everything I can, insurance and electric bill are on the card. For certain type of purchases you get 3 times the points.
We use the points for travel, like tickets to Cancun. Worked out great for us.

have you ever received a 1099 for the rewards point received with credit cards?

technically if you redeem over $600/year, they’re supposed to report this income to the irs.

I always switch up cards throughout the year and stay below 600 redemption for each.
just curious if anyone has (in recent years) used In excess of 600 and got the tax bill.
 
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