? scam

[woodbutcher]

Not only does the scanner exsist that will scan your wallet for card info,there is also one that will lift the info off of your vehicle keys when you use it(thanks to chips).From up to 30 feet away,the last that I knew.This is the reason that I have`nt had a credit for almost 50 years and will not have a debit card either.And those guard wallets work pretty good UNTIL you take your card out to pay for a purchase.Then if there is a scanner around they got ya.
Good luck.Have fun.Be safe.
Leo

[starbits]

Alaska Airlines called yesterday to confirm I had made a $546 plane reservation with my credit card. Nope! They canceled the reservation and I canceled the visa card. 7-10 days for a new card to arrive.

Starbits

[Elkins45]

Not only does the scanner exsist that will scan your wallet for card info,there is also one that will lift the info off of your vehicle keys when you use it(thanks to chips).From up to 30 feet away,the last that I knew.This is the reason that I have`nt had a credit for almost 50 years and will not have a debit card either.And those guard wallets work pretty good UNTIL you take your card out to pay for a purchase.Then if there is a scanner around they got ya.
Good luck.Have fun.Be safe.
Leo

I won’t have a debit card but almost every credit card in existence today has a $0 limit for fraudulent usage. Unlike a debit card they can’t drain your account and make you beg the bank to put it back.

[sureYnot]

thats what makes this whole thing odd, we never use the debit/atm for anything other than our local bank. how did they get not only the account numbers but also the pin. figure to go have a chat with the local branch manager this week.

If I was a betting man, I'd say you or the spousal unit fell victim to a phishing scam. Never click any link in any email, ever. Don't be too hard on the man at the bank who had nothing to do with it.

Sent from my XT1710-02 using Tapatalk

[merlin101]

In this day and age of free credit cards that pay rebates I see no reason whatsoever to have a ATM card.

Because some of us are debt free, if I can't pay cash or debit it from my account then I can't afford it.

[merlin101]

I won’t have a debit card but almost every credit card in existence today has a $0 limit for fraudulent usage. Unlike a debit card they can’t drain your account and make you beg the bank to put it back.

My debit card has the exact same protections as your credit card, and it's my money and I don't pay interest.

[rancher1913]

If I was a betting man, I'd say you or the spousal unit fell victim to a phishing scam. Never click any link in any email, ever. Don't be too hard on the man at the bank who had nothing to do with it.

Sent from my XT1710-02 using Tapatalk

nope, no fishing scams. we use a credit card for everything, the atm debit card is only used to get money after hours at our bank.

our bank branch had nothing to do with it but the branch manager probably has a clue as to whats going on.

[rancher1913]

My debit card has the exact same protections as your credit card, and it's my money and I don't pay interest.

the debit card if compromised means your out the money until the bank decides to let you have it back, the credit card the bank is out the money and you can still use your money. we have never paid a drop of interest in over 10 years, they actually pay us to use the credit card.

[Elkins45]

My debit card has the exact same protections as your credit card, and it's my money and I don't pay interest.

Only if the issuing bank agrees to give the money back, otherwise it’s gone.

I carry cash for fast food and guns but I generally charge everything else. I pay it off every month and earn cash back while doing it. I would rather pay with my card because it doesn’t deplete my cash reserve and I get the bonus cash. I make interest, not pay it. My credit card pays a higher rate for purchases than my old-fashioned savings account does.

[JBinMN]

Please keep in mind that once you deposit money in any bank, it becomes an "Unsecured Loan" to the bank & they are not legally obligated to pay you all of it back if they choose not to do so for some reason or another."The Bank" gets to decide.


I am not going to go into it in detail here, but when you deposit money you are giving money to the bank as an "unsecured loan, with no collateral, but a promise to honor your checks/debits by the bank, & while they say they keep it for you, they are actually using that money to finance loans to others & to invest it in whatever place they choose, risky or not.

This is something that many folks are not aware of & although rare, it can happen.

For more info, here are just a couple links to read:
http://thoughtcrimeradio.net/2013/04...-confiscation/

https://www.moneymetals.com/news/201...ccounts-000694

There is more info regarding this subject if one wants to research more. That will be up to you.


I am just passing on the word for those who may not know & keep their funds in a bank or banks.

It is up to you to decide whether or not you let the bank(s) keep "all" your money. I would suggest you find other ways that make your $$ "Secured".


G'Luck!

[waksupi]

Hackers can set up a random number generator to do a million combinations in a blink of an eye. Then they just need to dump the numbers into a system, and see what they hit. That's also how they get your passwords, and telemarketers find you.

[Wag]

These days the technology exists to scan a card while it is in your wallet in your pocket. A thief can carry a device down a street and collect card info to use. Then they can create a new one at will. Makes you want to get the rolls of tin foil out. The chips in the cards was supposed to combat a lot of the easy ways to scam cards.

Mostly untrue. It WAS true when cards were starting to use RFID chips but the new EMV/Smart Card chips do nothing to broadcast information. They are completely passive.

EDIT: The mag stripes on your cards also cannot be read while they are in your wallet.

Here's a reference: https://www.mybanktracker.com/news/c...reless-thieves

--Wag--

[Elkins45]

The U.S Patent Office can be your friend.

I had no luck finding a patent for a long range cash detector.

[Wag]

I had no luck finding a patent for a long range cash detector.

Google is still our friend on such things. I didn't find anything either.

What I DID find, however, is that the strips in our currency are made of non-ferrous plastic. As such, it is NOT possible to read them by any electronic means.

--Wag--

[Idz]

US currency is printed with magnetic ink. Counting and vending machines can read the magnetic inks to verify denomination and that its not counterfeit. I would think reading a stack of bills in your pocket would be like reading a cassette tape wound on a spool.

[JBinMN]

Not arguing at all with anyone, one way or the other, but I went & looked around for a bit too & this is the closest I found to being able to detect $$, & the way they made it sound, there was no way to determine $$ denominations, just large amounts of $$ in one place(From 2012 so things may have changed since then):

https://www.newscientist.com/article...n-your-wallet/

Need more info on how someone can detect what sort of bills are in the wallet. I am still a bit curious about the stacked creditcards as well, but I am not too concerned yet. Just curious for some backup sources for it.

Don't mean to sidetrack the topic, but this could be valuable info for all who read this topic..

[Idz]

JB that article verifies my suspicion. All they can tell is that you have something magnetic on your person. A credit card, metal button, or your concealed carry would totally swamp the currency signal. These myths come from TV shows where they routinely 'zoom in' on a license plate from a fuzzy photo from 1/2 mile away in a rainstorm while in reality the news photos of bank robbers are so grainy you can't even tell if its a human.

[Knightflyer]

I believe it's what's called a ping to see if anyone is paying attention. If no one pitches a fit then they can go for broke. We once had a $2.90 charge on our credit card for itunes or some such. When we contacted the credit card company about it, they called it a "ping" for the above stated purpose

Yup, dead on. With us they bought a candy bar at a convenience store. Then they started buying radios and fancy (read: lowrider) car parts.

[Wag]

While it's true that U.S. currency is printed with magnetic ink, it requires VERY close proximity to a magnetic reader in order to detect it. It's the kind of thing that can be read by a counting machine at the bank but that's about it. It just isn't possible to do it from a few feet away from your wallet.

Same thing with credit card magnetic stripes. That's why thieves can put a reader on the gas pump and steal your credit/debit card info as you insert the card. Again, not possible from a few feet away.

--Wag--

[JimB..]

To the OP, your card information was likely in the process of being sold. Someone wanted to validate it and screwed up. If they’d have use the right bank there would have been no charge. You can feel good that someone probably bought your card and pin and then lost money on the deal.

If you use the same pin for anything else, change it.