Gift cards are a great way to ensure everyone gets that special something they're looking for. But there are risks. In 2021, consumers reported losing more than $148 million from gift card scams. Be aware this holiday season and steer clear of these three trending scams:
Bill payment via gift card
Someone calls, emails, or texts you about an outstanding utility bill that must be paid by a gift card. They may tell you the original payment method was declined, there’s an emergency charge, or even threaten disconnection.
Remember: No utility company will require payment via gift card.
Gift cards modified in stores
Gift cards only work once they are activated by the cashier when you buy them. Thieves will steal department store gift cards to get the PIN information and then return the cards to the shelves. The criminal waits for someone to buy and activate the card, and then quickly spends the money before the victim can.
Remember: Always inspect gift cards for signs of tampering.
Gift card phishing scams
Don’t be fooled by phishing scams claiming you won a free gift card. In most cases, the scam appears to come from a well-known brand via email or text message. Offers of free gift cards are often just an attempt to trick you into giving out personal information or downloading a virus onto your computer.
Remember:
If it sounds too good to be true, it probably is.
- Check the sender information and assess emails and texts for legitimacy.
- Never click on unexpected or suspicious links in emails or texts.
The holidays should be joyful, not stressful. Remember these tips and share them (or our Click with Caution toolkit) with others to keep you and your loved ones safe this shopping season.
Want more tips about gift card scams? Listen to episode 5 of the Bee Cyber Fit podcast, Steer Clear of Big Brand Phishing Scams.
P.S. Our New Year, New You campaign launches in January. Join us to Bee Cyber Fit in 2023! Preview our activities and register for an upcoming event.