How to Recognize and Avoid Free Gift Card Scams: 7 …

Fraudsters use gift card scams because they're evergreen, and can yield a lot of cash without much effort. They don't bother promising gift cards for small stores few have heard of: they aim for the big names like Amazon and eBay! They can guarantee that a large number of recipients are customers of the site and are … See more

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Here's How To Avoid Gift Card Scams This Holiday Season

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Dec 20, 2021 · With holiday shopping in full swing, the Federal Trade Commission is warning consumers about gift card scams. The FTC said consumers are set to spend $28 billion on gift …

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FAQs about How to Recognize and Avoid Free Gift Card Scams: 7 … Coupon?

How can I avoid a gift card scam?

Run your finger over the back of the gift card to check for any signs of tampering. Scammers may scratch off the material covering the card’s number and PIN and cover it with a similar silver sticker. Once you activate the card, they can steal the balance. ...

Where can I find resources to prevent gift card scams?

If you’re a retailer, or state or local law enforcement, and you’re interested in helping your customers and neighbors avoid gift card scams, visit ftc.gov/StopGiftCardScams to download, print, and share materials in your store and community. ...

Are gift card scams legit?

Even legit companies are recognizing that fraudsters rely on gift card scams, so they often find other ways to reward real customers and incentivize sales. Remember: do not click on links in emails; and stay critical when you visit Facebook and Twitter. Readers like you help support MakeUseOf. ...

What if you've been a gift card scammer?

If you’ve sent scammers gift card information, it’s not the end of the world. Here are a few steps that you can take if you’ve fallen victim to a gift card scam: While they may be able to steal the total gift card balance, it won’t necessarily put you at risk of further financial fraud or identity theft. ...

What are some examples of gift card scams?

Gift card scams often involve criminals tricking victims into either sending them online gift cards or reading the numbers on the back of a gift card over the phone. These scams can come in the form of calls, emails, or texts. If you receive such requests, ignore them. ...

How can you spot a gift card scam?

To help customers spot gift card scams, retailers can use the following tools: a laminated double-sided cashier card with instructions on how to identify scams, a bookmark, or a sticker. Place these items at the checkout counter or distribute them in your community. ...