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If you're only checking your statement once a month, someone can start using your card at the beginning of the billing cycle, and they can do a lot of damage before you catch it.You're talking thousands of dollars, and it will be a lot harder to catch them and dispute it. It is really easy to create a fake online store or to create a store that sells stuff, but its real purpose is to collect credit card information.However, the downside is that a lot of merchants require more security for American Express than for other cards.
And if you're worried about debt, you can always pay them off every month. And I don't mean just checking your statement once a month.Then we'd say, "For security purposes we've removed your account information.Please re-enter it." Credit Cards.com: Where did you get the e-mail addresses for your phishing schemes?There are also people like waitresses and waiters with handheld skimmers who steal the data that way. I'd pay to for the information from one card.Then I'd use an encoder to put that data on a fake card, go into a store and purchase stuff.