Archive for the ‘Credit Cards’ Category

Credit Card Shaving

Posted by hteodosio on Sep-11-2008

Credit card frauds have been rampant now a days, from a simple technique down to the technological ways how to make fraud credit card bills. Security is not that up to date when it is coined with credit card frauds usually it takes months before the individual user notice that its credit card bills have risen dramatically yet that person never made a single purchase for over a month.

Now credit card thieves are back to using another low tech technique using just a simple knives and glue stick to be able to fraud a credit card purchase, with a lot of credit card numbers going in and forth the black market its no wonder thieves can get their hands on this, and by simply create a new card with those numbers by shaving the numbers off of gift cards or expired credit cards and gluing them onto a defunct or stolen card. Then this individuals create a groove or holes on the magnetic strip of the credit card to deem unworkable making the teller to manually input the working credit card numbers they bought out of the black market and its done.

Credit card fraud at its finest… so beware and always try to gain access to your credit card companies and check twice or 3 times a month to see if there are an authorized used of your credit card.

Souce taken from Yahoo Finance

Hotel Rewards with your Credit Cards

Posted by hteodosio on Sep-10-2008

Credit cards are what we call convenient plastic cards, when it comes to emergency situations we could instantly use it either to withdraw cash from ATM or swipe it for convenience, but doing this we sometimes think don’t we get some kind of incentives or rewards for using their services?

Now credit card companies are offering rewards for the use of their services and one thing that really got my attention is the Hotel Rewards benefits. An opportunity to stay free for a night at the luxurious Hilton Hotels or the Starwood Hotels each time you use your hotel rewards credit cards to earn bonus points.

A large selection of hotels are actively participating in these Hotel Rewards and for those frequent travelers you can exchange your bonus points to frequent flier miles which can be used on over 30 major airline carriers. Best of all some of this credit card companies give a year of free of fees fand only charge you for the items you bought using your Hotel Rewards Credit Cards.

Now thats what we call a REWARD!