Caught in a gift card scam? Here's how to get your money back

Aug 21, 2023 · Walmart also advises its gift card customers who think they've been the victim of a scam to report the incident to (888) 537-5503. More from CBS News DOGE task force gains …

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FAQs about Caught in a gift card scam? Here's how to get your money back Coupon?

Are gift cards a scam?

Here’s a type of gift card scam to look out for: scammers can get the gift card number and PIN before you buy the card. So if gift cards are on your holiday shopping list, keep reading. Scammers sometimes tamper with gift cards in store displays. They might remove the protective stickers from gift cards or even scratch off the back. ...

Can a scammer steal a gift card?

Scammers sometimes tamper with gift cards in store displays. They might remove the protective stickers from gift cards or even scratch off the back. That way, they can steal the card numbers and PIN. With those numbers, a scammer can get any money you put on a gift card — even if they don’t physically have the card. ...

Should you buy gift cards with fraud protection?

Purchasing gift cards with a credit card that has fraud protection can add an additional layer of support. Americans purchase roughly $200 billion worth of gift cards a year. Until better protections are in place—either by the card companies or the government—everyone faces the possibility of getting scammed. ...

Are gift card companies protecting consumers from online scams?

Gift card companies are adding protections for consumers, who are increasingly being duped into sending funds to online scammers through store credit. In 2022, nearly 65,000 consumers were swindled out of more than $228 million in gift card scams, according to the FTC. "Did someone tell you to buy a gift card and give them the numbers? ...

What if you've been a victim of a target gift card scam?

Fetterhoff said if you believe you’ve been victim to this scam, you should call the numbers on the back of the gift card to reach the store's fraud department. Gdovic did that and provided documentation of her issue. Target told her they would work out the issue. ...

Can You recover money if a gift card is scammed?

You may be able to recover your money in certain situations, but it depends on the policies of the company that issued the gift card. If you act quickly and report the scam to the company, they may be able to freeze the money or reimburse your purchase. How do you check if a gift card has been scammed? ...