Trust is an important but tricky notion. Ultimately, how do you know when to trust someone? As technology continues to evolve and information seems to be at everyones’ fingertips, it can be difficult to know when to trust a person or business reaching out to you. With scams seemingly rampant, fraudsters turn to vishing techniques to prey on innocent people. The Citibank Interest Scam is one that you should be aware of in order to protect you and your family.
In this article, we cover:
- The details of the Bank of America Verification Scam
- Why the Bank of America Verification Scam is dangerous
- How to protect yourself from the Bank of America Verification Scam
The details of the Citibank Interest Scam
The Citibank Interest Scam is set up to take users’ personal information. The scam impersonates a security message from Citibank and informs the user that they have qualified for a better interest rate on their Citibank Credit Card Account. The user is then prompted to call a number to speak to a Citibank representative. With a fraud score of .80, the most called locations are California, New York, Texas, Florida, and Illinois.
Actual audio of an interesting scam exploiting the Citibank brand
Hello, this is Lisa calling you from Citibank. We are monitoring your payment history and you have been qualified to drop down your interest rates on your credit card so please press one to speak with a live operator and get a confirmation number.
Why the Citibank Interest Scam is dangerous
The Citibank Interest Scam has one purpose—to steal personal information. In doing so, scammers intend to utilize this information to do further damage, such as fraudulently take money or simply utilize it for personal gain. Ultimately, this can lead to full blown identity theft, which can lead to a host of other problems and issues.
How to protect yourself from the Citibank Interest Scam
Protecting yourself from the Citibank Interest Scam is easy with an app like YouMail, which stops spam calls and voicemail instantly. Not only that, illegal spam calls will help law enforcement track and shut down the bad guys, so you’ll be joining the fight to shut down spammers at large. With this, you’ll be protecting yourself and helping to protect others as well.
Find about more Robocall Scams at the YouMail Robocall Scam Guide.
To protect yourself from the Citibank Interest Scam, download YouMail today.