The scammer will send a message stating that your account information needs to be verified because their files were hacked into, their database crashed or they believe that someone has tried to steal your account information and they want to verify your information in order to protect your account. The con artist then uses information supplied to “verify” your account to run up fraudulent charges.

NEVER give personal information to a company, such as AOL or Ebay, that already has it. If you are suspicious about being contacted, contact company yourself before giving out any personal information.

A recent survey found that nearly half of U.S. cardholders enrolled in a credit card rewards program have never redeemed their points. However, 60% of consumers said rewards program influences their decision when deciding which credit card to use for a purchase.

When considering an offer for a card that offers rewards, be sure to read fine print. Find out what you have to do to earn points. Look carefully for any restrictions as to when you can redeem them. Also check to see if your points carry over from one year to next.

Reward programs most benefit those who pay off their balances monthly. For those who carry a balance or even pay late, resulting higher balances and fees aren’t really much of a reward, are they?