Is "Point Of Sale Withdrawal CHOICE HOME WARRANTXXXXXX" fraud?
Written by Remi Russell
June 18th, 2024
Medium Risk
What is "Point Of Sale Withdrawal CHOICE HOME WARRANTXXXXXX"?
Choice Home Warranty has been in business since 2008. The company provides home warranty plans that cover repairs and replacements of home systems and appliances. The range of products includes warranty plans for heating systems, electrical systems, plumbing systems, water heaters, refrigerants, ovens, dishwashers, and various other home appliances. The service plans are designed to offer customers protection and assistance when home systems and appliances fail due to normal wear and tear.
Point Of Sale Withdrawal: Indicates the type of transaction was a point of sale (POS) transaction, meaning it was made using a debit or credit card.
CHOICE HOME WARRANT: Likely the name or a portion of the name of the merchant where the transaction took place.
XXXXXXXXXXX: Placeholder for the transaction or account number used in the transaction, often partially masked for security reasons.
Verify if this transaction is fraud in 30 seconds
Verify With Receipt
The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.
STEP 1
Connect your Email
Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
STEP 2
Connect Your Bank
Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
STEP 3
Reconcile
Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.