Bogus credit card offers usually fall under the umbrella of: If it’s too good to be true, it probably is. Unsuspecting consumers are promised great credit card deals that turn out to be scams. There are a few ways to tell whether the offer you’re getting is really too good to be true: Faulty promotional offers Some credit card companies use alluring marketing materials that neglect to disclose fees for balance transfers or purchase transactions that are required in order for you to receive promotional reduced- or zero-interest rates, according to the Consumer Financial Protection Bureau.
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Lindsay Konsko, NerdWallet.com
Thu, 12/18/2014 - 5:30am
Topics: faulty consumer financial protection advance third-party visa mastercard amex discover suspect verisign ssl federal deposit insurance corporation better business beware legitimate do not call registry vip image spot bad credit card offers nerdwallet credit card blog bureau vip issuer company fees phone companies network bank promotional scam logos doesn logo include materials marketing status bogus good real receive gold true reputable don fee repair history apply unsolicited processing secured platinum
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