Banks warn customers to keep eye on credit cards

BANKS have warned consumers to be vigilant when using their credit cards this Christmas.

Credit card fraud has increased by over 10% this year and in the busy shopping season, there are a range of scams that can extract money from the 2.1 million Irish credit card owners.

“Credit cards have become a way of life for people but the joviality of Christmas can make them less focused. When people are out in restaurants or at Christmas parties, it’s easy to leave the credit card in a jacket pocket or forget it altogether,” Bank of Ireland spokesperson Eddie Ryan said.