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Tesco Bank cancel some customer credit cards amid fraud fears

Tesco Bank has been forced to cancel a number of credit cards out of the blue over fears that accounts have been compromised by fraudsters.

The supermarket bank hasn’t revealed the exact percentage of its three million credit card customers that are affected, but claims it is a ‘tiny number’.

Those have had their cards cancelled will have to wait up to a week before a replacement card is issued after being told via text they cannot use their current one.

Tesco Bank: It claims only a tiny number of its credit card customers may have had their details compromised

A Tesco spokesman said: ‘We take the security of our customers’ accounts very seriously and take every measure possible to protect customers from fraudulent activity.

‘As a result of routine industry-wide fraud protection measures, we have reissued a number of credit cards as a precautionary measure.’

Two years ago, the bank suffered a large scale cyber-attack on some of its current accounts, with approximately 20,000 people having to be refunded.

Tesco has a number of credit cards on offer, including a 0 per cent balance deal over 22 months and 0 per cent on purchases for 28 months.

Some of the cards offer Clubcard points as a reward for spending.

 



Read more at DailyMail.co.uk


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