Phone call scam posing as credit card application approval confirmation

Phone call scam posing as credit card application approval confirmation

Phone Call Scam Posing as Credit Card Application Approval Confirmation


Fraudulent phone calls are on the rise, targeting unsuspecting individuals with scams posing as credit card application approval confirmations. These scams aim to steal personal and financial information, leaving victims vulnerable to identity theft and financial loss.

How the Scam Works:

Scammers call potential victims claiming to be representatives from a legitimate financial institution. They provide a reference number and claim that the victim’s credit card application has been approved with a generous credit limit and low interest rates.

The caller then asks for personal information to "finalize" the application, including:

  • Full name
  • Social Security number
  • Date of birth
  • Address
  • Bank account details

Warning Signs:

Be cautious of the following red flags that may indicate a scam:

  • Unsolicited phone call about a credit card application you didn’t submit
  • High-pressure tactics or requests for personal information over the phone
  • Impersonation of a legitimate financial institution
  • Requests for bank account details

Protect Yourself:

To protect yourself from this scam, follow these tips:

  • Never provide personal information over the phone unless you have initiated the call to a known and trusted number.
  • Contact the credit card company directly to verify the application status.
  • Report suspicious phone calls to the Federal Trade Commission (FTC) at 1-877-382-4357.
  • Consider using a call blocker or screening service to reduce unwanted calls.


Falling victim to this scam can have severe consequences, including:

  • Identity theft
  • Financial fraud
  • Damage to credit score
  • Emotional distress

Stay Vigilant:

Remember, if something sounds too good to be true, it probably is. By being aware of these scams and taking precautions, you can protect yourself from potential financial and personal harm.

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