Most travelers love a deal that extends their budget — whether it’s a cheap flight, discounted hotel room or all-inclusive package tour. Unfortunately, sophisticated scammers are only too happy to profit from bargain hunters. When planning your next trip, be particularly wary of travel scams, such as vouchers selling at a deep discount.
Fake that seems real
In one common scheme, criminals purchase vouchers from travel companies using stolen credit card numbers, then sell the vouchers online or by phone to would-be travelers. Between the initial purchase and subsequent resale, the travel company is alerted to the fraud. And before the traveler can use the voucher, the company inactivates it, leaving the traveler with a worthless document.
Voucher scammers often use email to hook people with links that may infect their computers with malware. Or they may set up fake websites that look real to lend legitimacy to their “products.” For example, a site might prominently feature logos of major airlines and hotel chains. Of course, the presence of a logo doesn’t mean that the business is an authorized reseller of travel products.
As with other forms of consumer fraud, you can protect yourself from travel scams by exercising skepticism. If a deal appears too good to be true, in all likelihood, it is. In fact, the larger the discount and more compelling the package, the less likely the offering is aboveboard.
5 Bonus Tips to avoid travel scams:
Take time to evaluate. Fraud perpetrators commonly try to instill a sense of urgency in their “marks.” Be particularly wary of offers with an expiration date or bonus (such as upgrades) if you purchase a flight or hotel room immediately.
Pay attention to details. If a travel website contains spelling, grammatical errors or awkwardly worded language, it may indicate that the site is located overseas — where most of these scams originate. Another suspicious sign is if you talk to a travel company over the phone and they lack professionalism or engage in high-pressure sales tactics.
Research reputation. Before entering into a travel transaction, find out what out what other travelers have to say about the company. If you can’t find customer reviews — or you discover serious complaints — you should reconsider the deal.
Read the small print. Before you agree to anything, read the company’s policies regarding cancellation or modification of travel plans. Consider walking away if you have trouble locating those policies or you can’t understand them and, when asked, customer service reps can’t explain them.
Pay smart. There’s another important way to protect yourself from travel fraud: Use a credit — not a debit — card. Although credit and debit cards process transactions using the same networks, credit card companies offer greater security and fraud protection.
Financial planning and flowing these simple tips can help prevent disaster on your next vacation. Additional information on how to protect yourself from scams can be found here.