One-time-use credit cards virtually halt abuse - Credit Products Article - web, internet, bank of america

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One-time-use credit cards virtually halt abuse

Article Submitted by: ktexas
Credit Products

Tags: Web, Internet, Bank of america, Credit, Credit cards, Cards, Personal finance, Discover, Citi, Paypal, Fraud protection, Shopping.

In the battle against less-than-honorable businesses, consumers have a weapon that's largely overlooked: one-time use, or "virtual," credit cards.

With these cards, offered through at least Citi, Discover, Bank of America and PayPal, consumers can generate a new credit card number for each purchase or set spending limits, blocking companies from tacking on additional charges.

Submitted: Jul 20, 2009 Views: 194 Comments: 0 Likes: 1

View Article: http://www.baltimoresun.com/business/sns-yourmoney-0719virtual-card...

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