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PN
08-03-2009, 09:16 PM
There was an article recently in CNet (http://news.cnet.com/8301-1023_3-10293633-93.html) about "mystery charges" showing up on credit card statements. For example, if you go to Buy.com or Orbitz to make a purchase, at some point in the transaction you get an intercept page for a coupon for $10 off, and they are asking for an e-mail address. In order to complete the transaction you will need to put in your e-mail address. This seems rather benign because it is not asking for your credit card information. By entering in your e-mail address, you have agreed to enroll in a service program. In the fine print it says that you will be charged for this service. It turns out that you have given your credit card information to a third party.

According to the CNET article, John Lowensohn, who is on the staff at CNET and a long time Web shopper, noticed that his credit card was being billed $12 a month for the past eight months. At the present time the U.S. Senate Commerce Committee is investigating WebLoyalty, Vertrue, and Affinion, which are the companies who make the “cash back” coupon offers to customers and then charge those who enroll in their loyalty programs.

Scorpion
08-04-2009, 12:51 AM
Proof of the importance of reading "the fine print." I think the companies working with them (Orbitz, Buy.com, etc) are complicit in this scheme.

tekniko
08-04-2009, 06:23 AM
very true and on bank statement it will show up as REWARDS and a 1-800 number. the 800 # needs to be called for refunds and cancellation of further withdrawls.

metronycguy
08-04-2009, 04:37 PM
anorther important reason to look at your statement, i think the cc companies will only go back 90 days for a refund.
it is a scam,

tekniko
08-04-2009, 08:55 PM
the CC co may but these rewards fools will refund all the months it's been going on for. that's a relief