A New Worry For Credit Card Holders

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Photo: YouTube

Photo: YouTube

A couple of weeks back, I told you about the horror story of a clerk at a big box store giving me back someones else’s credit card and vice-versa. Today there is new information you should know about, concerning YOUR credit card.    
Many credit card companies are now installing a new chip in your credit cards. It is called an RFID chip, and it can easily be compromised. The other day I was informed one of may cards was victim to this new crime. Look closely to your cards. If you see a logo similar to this >>>> (in diagonal fashion), you may have a Radio Frequency Identification Card.

Thieves with the right technology can scan your card, without it ever leaving your wallet. They can transfer your information to another card, or even a modern hotel pass key , and use your information to make unauthorized purchases immediately. Watch the YOUTUBE video below for more information.

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