What is eGift card fraud? A Detailed Guide

When you think of fraud, your mind might immediately jump to credit card scams or identity theft. But did you know that eGift cards are also vulnerable to fraud? In this guide, we'll take a closer look at what eGift card fraud is, how it happens, and what you can do to avoid it.

What Is eGift Card Fraud?

eGift card fraud is when someone uses your eGift card without your permission. This can happen if your eGift card information is stolen or if someone is able to guess your eGift card PIN. Either way, it can be frustrating and costly.

How Does eGift Card Fraud Happen?

There are a few different ways that eGift card fraud can happen. The most common is when someone steals your eGift card information. This can happen if your eGift card is lost or stolen, or if you use it on a site that's not secure.

Another way eGift card fraud can happen is if someone is able to guess your eGift card PIN. This is more likely to happen if you use a simple PIN or if you use the same PIN for multiple cards.

What Can You Do to Avoid eGift Card Fraud?

There are a few things you can do to avoid eGift card fraud. First, make sure you keep your eGift card information safe. This means keeping your eGift card in a safe place and only using it on secure websites.

You should also choose a strong PIN for your eGift card. Avoid using simple PINs like 0000 or 1234, and don't use the same PIN for multiple cards.

Finally, be sure to check your eGift card balance regularly. This will help you spot any suspicious activity right away.

If you think you've been a victim of eGift card fraud, contact the customer service number on the back of your card and report it right away.

eGift cards are a convenient way to shop, but it's important to be aware of the dangers of eGift card fraud. By taking a few simple precautions, you can help keep your eGift card safe from fraudsters.