With the Holidays approaching fast the Navy Federal Credit Union offers some good tips that can help prevent you from becoming a victim of scams this holiday season.
Some things make an appearance every holiday season: bustling shopping malls, rows of homes strung with lights, office parties—and scams aimed at exploiting holiday shoppers and year-end philanthropists. We’ve highlighted five common scams waiting to grab your money like it’s the last slice of pie at the dinner table.
Too-Good-to-Be-True Travel Offers
A tropical getaway is always enticing in the midst of winter, and that’s exactly what scammers hope will make you take the bait. However, what seems like a dream vacation could end up being a financial nightmare, since you’ll end up paying for a trip you can’t take.
Be skeptical of free trip offers.
Know what’s included in a package deal. Get it in writing.
Do your own travel research to verify the legitimacy of any deals.
Cheer-Free Online Offers
Searching for the perfect gift at a great price? Be careful when buying gifts online. Fraudsters are more focused than ever before on online scams since chip technology has made it more difficult for them to use your card at stores.
Stick to well-known retailers. Remember—if something seems too good to be true, it probably is.
Watch out for look-alike websites. Check the web address for anything out of the ordinary like rewording or extra or misspelled words. Always look for the lock icon or a URL that begins with “https” before you click “Buy Now.”
Be suspicious of debit- or gift cards-only payment options or requests for wire transfers.
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