05 Nov Watch out for smart-chip credit card fraud

Have you received your new smart-chip credit and debit cards yet?

If you haven’t, you should double check with your lender.

As banks switch to smart-chip technology, which is supposed to cut down on fraud, customers should be on the lookout for their new cards.

That’s because scammers will use the influx of new cards to trick you to share personal information, according to today’s Bamboozled column on NJ.com.

The fakers may impersonate your bank, using email, phone calls or texts, telling you that you need to validate your new card. They’ll try to pry personal information from you. Don’t fall for it.  Make sure you protect yourself and your good credit.

This story was first posted in November 2015.