Canadian are inundated with scam emails, texts and phone calls on a daily basis. While criminals pretending to be with Canada’s big banks is nothing new, they are now trying a new credit card scam that everyone should know about.
I recently got a phone call out of the blue saying I could receive zero per cent interest on all my credit cards for a period of three years. I knew it was a scam, so I recorded the call and tried to keep the scammer on the line.
Here is how the two-minute and 26-second call went before the scammer got frustrated and hung up.
Scammer: Hello, I am calling from Visa with a special offer for our customers.
Pat: I don’t understand. Why did you call me?
Scammer: Based on your good payment history and comparable rate, you are perfectly qualified to get zero per cent interest rate on your existing credit card for the next three years.
Pat: So I can get zero per cent interest on my credit cards for three years?
Scammer: Yes sir, for the next three years.
Pat: Wow that’s great. Ok, what do I have to do?
Scammer: So, after getting the zero per cent interest rate, your responsibility and your current job is to keep paying the bills on time the way you are doing right now.
Pat: OK.
Scammer: So, as my next step, what I’m going to do, I’m going to go ahead and pull out the most recent billing statement for you. I will let you know the current balance that you owe, the last payment you made, and the…
