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Moneycontrol18-12-2025, 16:01

Fake Credit Card Limit Scams: How They Trap You & 5 Ways to Stay Safe

  • Scammers pose as banks, offering instant credit limit upgrades via calls or messages.
  • They trick victims into sharing OTP, CVV, full card number, or installing remote access apps.
  • Sharing OTP authorizes transactions, making reversals difficult and prevention crucial.
  • Banks never ask for OTP, CVV, or full card number for limit increases; end such calls immediately.
  • Always verify offers via official bank channels, avoid urgent requests, and keep transaction alerts on.

Why It Matters: Protect yourself from credit card limit upgrade scams by never sharing sensitive details.

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