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Credit Cards

Things that come up in the daily operation of a ranch.
Traveler
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Credit Cards

Postby Traveler » Wed Mar 21, 2018 12:22 pm

We have Discover business cards. Yesterday we were notified that mine had charges on it from Colombia, as in South America, (never been to Colombia) clear to Wisconsin. Was notified today that another card has charges on it in the New England states, basically motel and electronics. All bogus transactions that we're not liable for. The Visa business cards haven't had a problem........yet. Have no idea who or what was hacked.

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Faster horses
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Re: Credit Cards

Postby Faster horses » Wed Mar 21, 2018 2:36 pm

Oh no. Our MasterCard calls as soon as they see something suspicious. We have bought $5000 worth of golf equipment in Florida.
(NOT). First there was a charge for $1 that went through, that might have tipped them off.

Use of debit cards are more dangerous than credit cards as they are more easily hacked and can empty your bank account before
you realize it. A friend that owns his own bank told me that.

Hope that's all the problems you encounter with yours, Traveler. Not fun. We are still in AZ so I try and keep a good track
of ours.
There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.

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Mike
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Re: Credit Cards

Postby Mike » Wed Mar 21, 2018 5:22 pm

The wife just had her indentity stolen, as found out this week. They applied for numerous cards and placed orders as soon as they found out the account had been approved. $8,000.00 was ordered from Overstock.com but not shipped because someone there was suspicious. We now know who did it and have turned it over to the Sheriff. Pain in the butt calling all the Credit Reporting companies and legitimate charge card issuers................
I'd rather have a bottle in front of me than a frontal lobotomy.

lavacarancher
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Re: Credit Cards

Postby lavacarancher » Wed Mar 21, 2018 5:55 pm

Faster horses wrote:Oh no. Our MasterCard calls as soon as they see something suspicious. We have bought $5000 worth of golf equipment in Florida.
(NOT). First there was a charge for $1 that went through, that might have tipped them off.

Use of debit cards are more dangerous than credit cards as they are more easily hacked and can empty your bank account before
you realize it. A friend that owns his own bank told me that.

Hope that's all the problems you encounter with yours, Traveler. Not fun. We are still in AZ so I try and keep a good track
of ours.


You are right, Faster. We fund a special and separate account for the debit card to help get around that issue and limit our exposure. I had a $50K charge from Germany show up on my AMEX card a few years back. Turns out that's when Pay Pal was hacked.

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4Diamond
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Re: Credit Cards

Postby 4Diamond » Wed Mar 21, 2018 7:19 pm

I'll add that when a debit card gets hacked it's your personal money from your checking account going out. They can drain you dry.

Traveler
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Re: Credit Cards

Postby Traveler » Thu Mar 22, 2018 6:42 pm

Faster horses wrote:Oh no. Our MasterCard calls as soon as they see something suspicious. We have bought $5000 worth of golf equipment in Florida.
(NOT). First there was a charge for $1 that went through, that might have tipped them off.

Use of debit cards are more dangerous than credit cards as they are more easily hacked and can empty your bank account before
you realize it. A friend that owns his own bank told me that.

Hope that's all the problems you encounter with yours, Traveler. Not fun. We are still in AZ so I try and keep a good track
of ours.
I hope you're having a good winter in the desert, and using your Honda. Post photos and updates.

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Faster horses
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Re: Credit Cards

Postby Faster horses » Sun Mar 25, 2018 5:34 pm

Traveler wrote:
Faster horses wrote:Oh no. Our MasterCard calls as soon as they see something suspicious. We have bought $5000 worth of golf equipment in Florida.
(NOT). First there was a charge for $1 that went through, that might have tipped them off.

Use of debit cards are more dangerous than credit cards as they are more easily hacked and can empty your bank account before
you realize it. A friend that owns his own bank told me that.

Hope that's all the problems you encounter with yours, Traveler. Not fun. We are still in AZ so I try and keep a good track
of ours.
I hope you're having a good winter in the desert, and using your Honda. Post photos and updates.


Internet service is lacking, even with my jetpack. We are in a better service area so I will try to post some pictures. We are
still here, starting toward home tomorrow. Currently we are at Page, AZ. Hope to see Bryce Canyon and some other spots on our
way home.

Is it spring yet? Wow, Montana and Wyoming has had an old-fashioned winter. Snowing in Wyoming as I type this. Was a good winter
to be gone. I'm ready to head home.
There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.


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