Online Credit Cards - Consider a Fixed Limit Credit Card for Online Shopping

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Credit Fraud

Crooks, thieves and scam artists are looking to steal your money. This is true of credit cards. Credit card theft is responsible for billions of dollars lost each year. Always practice safe surfing procedures when using your credit card online.

About Online Credit Cards

Consumers who purchase frequently on the Internet with credit cards should consider applying for a lower limit credit credit for using only online. Online credit cards can help you keep your purchases in order and help keep on top of any potential fraud.

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Online Credit Card Fraud

Fast facts on online credit card fraud:

In 2005 credit card fraud cost companies nearly $60 Billion.

Credit cards are targeted as they often allow the crook to quickly make charges against your account.

In 2006 retailers reported nearly 2 per cent losses due to online fraud.

Lost or stolen credit cards account for nearly half of all online credit card fraud.