Earlier this month, the Federal Trade Commission sent out an alert reminding consumers that along with cheer and goodwill, the holidays bring scammers hoping to separate shoppers from their money.
We’ve reproduced the article below to help keep you safe and to help you keep our customers safe! Remember: North Shore Bank gift cards can be picked up at any of our branches with no purchase fee through December 31. They’re safer than buying gift cards off the rack at a retail store and a great way to avoid scams.
Top tips for avoiding scams at the holidays
Now that the holiday shopping season is in full swing, scammers are shopping too, looking for people to separate from their money. Here are some tips to help you outsmart those bah-humbug scammers and donate safely.
Online shopping? Pay by credit card. Credit cards give you extra protection for most online purchases. And many cards offer benefits, like protection for returns and purchases. If unauthorized charges pop up on your statement, you’ll be able to dispute those charges. Credit card protections can vary, so check with your issuer to understand all of your card’s protections.
Buy gift cards for gifts, not for payments. Gift cards are a great answer for the teenager in your life. But they’re also a scammer’s favorite way to steal your money. Anyone who contacts you and demands that you pay them with a gift card, for any reason, is always a scammer. Report gift card scams directly with the card issuer (use this list of card issuer phone numbers and emails), then report it to the FTC at ftc.gov/complaint. Learn even more at ftc.gov/giftcards.
Research charities before you donate. With the generous spirit of the holidays, and with year-end fundraising, ’tis the season for donations. Make sure your donation goes where you want it to, not into the hands of a scammer. If someone calls, asking you to give to a charity, don’t let them rush you into making a donation. Instead, research the charity to make sure your donation counts. Visit ftc.gov/charity to learn more.
Wishing you happy and safe holidays from your friends at the Federal Trade Commission!