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Banking and Credit Card Scams

Banking and credit card scams

MoneySmart provides some sage advice on banking and credit card scams.

The way we use banks these days, such as banking online and using ATMs, means we are much more exposed to fraud. Scammers use these new banking technologies to steal our account information and, of course, our money.

Banking and credit card scams are sometimes very hard to detect. Here are details of three types of banking scams and the precautions you can take against them.

See full page here.

Reproduced with permission of ASIC.

Source: ASIC's MoneySmart website,, 30 March 2011.