Credit Card Fraud Most Common in London
Posted July 28th, 2009 London, Thames Valley and West Mercia are the three places where credit card fraud is most prevalent, according to fraud prevention service CIFAS. Indeed, if you live in the south of England, your risks of ID theft are higher than our friends and family oop north. The most common form of ID theft involved criminals stealing personal details from victims in order to gain access to credit card accounts.
“Facility takeover” fraud, which involves the remote hijacking of accounts, the most popular regions are Hertfordshire, London and Surrey.
David Clarke, detective superintendent at City of London Police, said: “The City of London Police welcome this report from CIFAS, which illustrates the seriousness of the situation with account takeovers and impersonation.
“The Force’s Fraud Review project team is working closely with CIFAS and other holders of fraud victim and offence data with a view to putting crime data such as these into the National Fraud Intelligence Bureau where they can be analysed and assessed and used to help fight fraud,” says Clarke.
Peter Hurst, chief executive of CIFAS, added: “CIFAS members and the police have viewed the rise in impersonations and account takeovers with concern and these figures help to highlight the areas with the highest number of victims.”
This type of crime is going to continue to rise, and while credit card companies will always work to mitigate the risks of these kinds of frauds, you should always be careful in revealing any personal information, and seriously consider investing in some kind of fraud protection insurance.
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Comparison of Top 10 Credit Card Offers
| Credit Card | Card Details | Interest Rate | Cash Advance Rate | Balance Transfer Rate | Annual fee | Interest free days | ||
|---|---|---|---|---|---|---|---|---|
 Halifax All in One Credit Card |
The Halifax All in One credit card offers a great introductory rate, and is perfect for saving you money now as well as in the future. | 15.9% APR | 27.95% p.a. (variable) | 0% for 9 months | No Annual Fee | 59 Days interest free |
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 Virgin Credit Card |
As well as a great rate, the Virgin Credit Card comes with:
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16.6% APR (variable) | 27.9% p.a. (variable) | 0% for 16 Months (2.98% fee on balance transfers) | No Annual Fee | 50 days on card purchases |
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 Capital One Classic Visa |
This card is designed for people with bad credit ratings, this is why the rate is quite high. |
Typical 34.9% APR variable | 34.9% APR | 34.9% APR | No Annual Fee | 56 days for purchases. 0 days for balance transfers and cash. |
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As well as earning Flying Club miles which you can spend on brilliant rewards like flights, upgrades, car hire and more, a Virgin Atlantic Credit Card gives you up to 46 days interest free on card purchases. |
17.9% APR typical rate | 20.9% p.a. (variable) | 0% for 6 months (2% handling fee) | No Annual Fee | Up to 46 days on card purchases only. |
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The Virgin Prepaid MasterCard from Virgin Money is a prepaid Mastercard that you can add funds to, and use these funds for normal purchases. |
N/A | N/A | N/A | N/A | N/A |
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5% cashback on purchases in your first three months (up to £4,000 of spend). Thereafter, earn 0.5% on the first £3,500, 1% on £3,501 to £10,000, and 1.5% after £10,001. |
18.9% p.a. | 27.9% p.a. | 18.9% p.a | No Annual Fee | 56 days for purchases. 0 days for balance transfers and cash. |
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Vanquis Visa Card is designed for people with no credit history or who have previously had bad debt. Representative 39.9% APR (variable) |
Representative 39.9% APR (variable) | 39.9% | N/A | No Annual Fee | Up to 56 days on card purchases only |
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The award winning prepaid card with no credit check or bank account needed. | Funds in your Account will not earn interest | Prepaid only - N/A | Prepaid only - N/A | £59.40 p.a. (£4.95/month) | Prepaid only - N/A |
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