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Identity fraud insurance

My credit card (RBS Mastercard) is trying to persuade me to take out identity fraud insurance, provided by a company called CPP or something like that.

Is this sort of thing worth it? If so, how much would it be reasonable to pay for it?

Opinions much appreciated. Thanks.
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Comments

  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    I think it's a waste of money personally. The way I look at it is that if I don't act negligently I won't ever be out of pocket should I be the victim of a fraud.

    Plus I don't see what they can do to 'repair' your credit rating that you can't do yourself.

    Maybe someone will come up with a reason why it's a good idea........
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Its not necessary, you can take precautions yourself and just be aware of dodgy atms etc
  • ray123
    ray123 Posts: 659 Forumite
    Sign up for a capital one credit report and you can get it for free!
    This is a v good article:
    http://www.moneysavingexpert.com/cards/identity-fraud

    I have it at the moment and i receive an e-mail whenever a credit check is run on my file, etc. You also receive two free credit reports each year
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