Beware: Top 8 Credit Card Frauds in USA You Need to Know

Skimming: Devices installed on card readers to steal credit card information.

Identity theft: Personal info stolen to open accounts and make unauthorized transactions.

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Stolen/lost card fraud: Unauthorized purchases made with lost or stolen cards.

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Card-not-present fraud: Unauthorized online or phone transactions using stolen info.

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Phishing: Fake emails or texts trick victims into revealing credit card details.

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Account takeover: Fraudsters steal credentials, access accounts, and make unauthorized transactions.

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Counterfeit card fraud: Fake cards created with stolen info for fraudulent purchases.

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