This menu shows you other areas of this website and various areas of interest. It is a quick locator.
You are currently in a library. This takes you to the top level of Household - HSBC Watch consumer advocates and watchdogs
This takes you to the complaints library and all recent complaints about HSBC, HFC, Beneficial Finance, and their merchants since 2007
Monitor the latest news about HSBC Plc, HSBC USA, the bank and HSBC Finance Corp from around the world in this watchdog area
See articles, stories, and complaints about HSBC and Household International since 2005 in this interactive library
Submit your complaint to our watchdogs. We perform trend analysis and need your help. Complaints are noted by type and processed
Get help with this one-click form just by entering your zip code in this form. You can even contact the media
You're browsing: Archived News » 2006 HSBC, In the U.S., Scams » Article Title: HSBC Merchant Best Buy Gift Card Scam

Just in time for the holiday season thieves found a way to steal the remaining balance on store gift cards. They take the information from the gift card, put the card back on the sales rack, and then wait for someone to buy it and activate it. Thieves call the telephone number on the gift card to find out if it has been activated. Once it has, thieves take all of the remaining balance.

As reported by Fox News on December 6, 2006, HSBC merchant Best Buy said they will not do anything if a Best Buy gift card has been compromised. Once the card has a zero balance the consumer is on their own. Other stores have a scratch-off that covers codes on the card, thus making them harder to compromise. This is a consumer alert from Household - HSBC Watch. Only buy gift cards that are kept behind a sales counter, protected by a scratch off covering a pin number, and sold by a reliable merchant that offers some form of recourse.

Related posts:

  1. Starz Subscribers Get Best Buy Gift Card
  2. Best Buy Card and HSBC Scam in Detail
  3. HSBC Credit Card Merchant Best Buy Down
  4. HSBC Merchant Agreements Exposed
  5. Best Buy Credit Card Gone Bad

   Digg   Del.icio.us   StumbleUpon   Reddit   RSS  

Find specific results on any of our sites: Category: 2006 HSBC, In the U.S., Scams
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave a Reply

You must be logged in to post a comment.