Funny you should mention CC companies. Just this week I got a text alert, an email alert, AND a phone call from my bank regarding a suspicious transaction on my debit card. All of the notifications occurred literally within 5 minutes of each other and within 30 minutes of the actual transaction.
It was indeed fraudulent. The bank cancelled my card, and a new one was in my hands in 4 days.
The amount of the transaction?
$1.00.
That’s right, ONE dollar.
“That’s right, ONE dollar”
They make small purchases to check to see if your card will go through and once it does they will go for the big ticket items.