There are a few ways to avoid becoming a victim of eGift card fraud. First, only buy eGift cards from reputable retailers. Second, make sure you have a strong password and security questions for your account. Third, do not share your account information with anyone. Finally, keep an eye on your account balance and transactions. If you notice any suspicious activity, report it to your eGift card issuer immediately.

How Common is eGift Card Fraud?

eGift card fraud is on the rise with an increase of more than 50% in recent years. This can be attributed partially to the fact that criminals are becoming increasingly tech savvy and therefore better able to hack an eGift card account, but it is also due in part because more people are buying eGift cards online.

How Can I Avoid Fraud?

First of all, only buy eGift cards from reputable retailers. There are plenty of great online retailers offering these cards. However, there are far more disreputable ones, too. So, it’s important to do your homework before purchasing an eGift card.

Second, make sure you have a strong password and security questions for your account. This will help keep your account information safe from criminals.

Third, do not share your account information with anyone. This includes family members, friends and anyone else. Sharing your account information is just like giving them the keys to your car. You wouldn’t do that, would you?

Finally, keep an eye on your account balance and transactions. If you notice any suspicious activity in your eGift card account, report it immediately to your eGift card issuer. Your issuer will be able to help you investigate the activity and take appropriate action.

How Can I Check My eGift Card Balance?

Most eGift card issuers provide a variety of ways for you to check your balance, including online, via text message or even on the phone. So, it’s important to choose an issuer that offers the methods that work best for you.

What If I Suspect Fraud?

If you suspect fraud, contact your eGift card issuer immediately. They will be able to help you investigate the activity and take appropriate action. This could include cancelling your eGift card and issuing a new one.

eGift cards are a great way to give the gift of choice. However, they can also be a target for criminals. So, it’s important to know how to avoid becoming a victim of eGift card fraud. These tips will help keep your account information safe and your balance secure.