MSE News: TSB current account customer? You can now earn even more cashback

bxboards

20aday wrote: »

Looking at a contactless transaction I made the other day it was dated the next working day i.e. the 24th when I completed the transaction on the 23rd.

Mine can take 2 or 3 days to appear and they appear suddenly - they do not show up as pending transactions for me at least.

20aday

bxboards wrote: »

Mine can take 2 or 3 days to appear and they appear suddenly - they do not show up as pending transactions for me at least.

I find if I make a contactless payment with a physical card then the transaction(s) don't show as "pending" until it clears on my account (like your scenario).

If I use Apple Pay to complete the transaction then it does show on my Internet Banking.

Pincher

Did a little experiment, and it seems you can fob off the PIN request with a small transaction, so the next transaction works contactlessly.


Had a refusal a few days ago at Waitrose, and haven't used the PIN yet, but I really wanted to do the combo discount plus 5% cashback since it's Sunday.


Told the cashier I wanted to do two bills, so scanned one item and paid 75p using the TSB card. Sure enough, it wouldn't do contactless, but works by inserting it plus PIN.


The next transaction was glorious.


Pre-discount total was £41.01, so it qualified for the £4 off voucher. After the cappuccino, Sunday Times, and various discounts came off, it was £20.08. and the TSB card went through contactlessly, so it's £19.08 actually paid.

Drp8713

Yorkshire_Pud wrote: »

With my own use of TSB contactless I haven't been asked to chip and pin for weeks. Seems to me that you establish some kind of cred over time and the system accepts more contactless payments if there have been no red flags.

No doubt my next one will be rejected!

So far I have made one chip and pin followed by 6 contactless transactions with no issues (although the 6th was TFL which cant ask for a pin).

Im thinking it wise to make a £10 cash withdrawl before my next batch of contactless spending.

ChopperST

Started using my card contactless for the cashback 6 weeks ago. Checking my account today and the card has been cloned and used for multiple transactions in the USA all of which are precisely at the £30 limit of contactless payments.

Card has never been used online and therefore the only way they can have got my details is from a rouge card reader and someone selling the details on.

Have never used debit cards for payments for this very reason as the money is gone from a current account rather than a credit card balance. Never using contactless again, clearly the NFC tech is not secure enough. As someone who prides themselves in being fraud aware, its somewhat of a shock to fall victim.

Never had a problem with chip and pin transactions in terms of fraud so will be sticking to my AMEX cashback card from now on and the current plus will just go back to being a savings account.

Not worth the risk for the sake of a few extra pennies v the AMEX card.

Apple pay is surely the next to be hammered.

Biggles

ChopperST wrote: »

Checking my account today and the card has been cloned and used for multiple transactions in the USA all of which are precisely at the £30 limit of contactless payments.

Which is odd, as the contactless ('Pay Wave') limit in the US is apparently only $25.

colsten

ChopperST wrote: »

Apple pay is surely the next to be hammered.

How?......................

Man_on_fire

ChopperST wrote: »

Started using my card contactless for the cashback 6 weeks ago. Checking my account today and the card has been cloned and used for multiple transactions in the USA all of which are precisely at the £30 limit of contactless payments.

Card has never been used online and therefore the only way they can have got my details is from a rouge card reader and someone selling the details on.

Have never used debit cards for payments for this very reason as the money is gone from a current account rather than a credit card balance. Never using contactless again, clearly the NFC tech is not secure enough. As someone who prides themselves in being fraud aware, its somewhat of a shock to fall victim.

Never had a problem with chip and pin transactions in terms of fraud so will be sticking to my AMEX cashback card from now on and the current plus will just go back to being a savings account.

Not worth the risk for the sake of a few extra pennies v the AMEX card.

Apple pay is surely the next to be hammered.

Something happened to me recently, hadn't used the cards for at least a week, used it on a ATM, covered my pin as always but didn't notice anything suspicious, then logged in that night to check the account, and there were 2 x £30 payments for EE top-ups yet to be processed, rang up and found out they were from somewhere in London.

The only thing i can account for is the ATM, can't see what else it could have been.

ChopperST

colsten wrote: »

How?......................

Quick google search shows a device that's linked to an android handset successfully cloning an NFC contactless card. They then use the NFC on the phone to make payments using that card. That is clearly what has happened to mine.

All it takes is a compromised card reader to do the same to a phone?

I am very tech savy but this incident has me doubting the security features in the new technology.

ChopperST

Biggles wrote: »

Which is odd, as the contactless ('Pay Wave') limit in the US is apparently only $25.

A "charity" in Texas has quite happily helped themselves to multiple amounts of £30 and someone has also been topping their EE PAYG phone up for the same amount as well.

The adviser said that EE are always one of the companies the fraudsters target as they don't ask for a cards CSV number.

On a positive side the TSB fraud team were excellent and refunded the money within the hour and no need to fill out any paperwork.