Is "CASH ADDED - CVS PHARMACY" fraud?

Written by Piper Hall

June 18th, 2024

Medium Risk

What is "CASH ADDED - CVS PHARMACY"?

CVS, also known as CVS Health, is an American retail corporation that was established in 1963. It adds up to over 50 years in operation. The company offers a range of retail products which fall into various categories. These products range from health and wellness items to beauty supplies, personal care products, and grocery items. They also provide pharmaceutical products and services including a pharmacy, clinic, and prescription delivery services.'

  • "CASH ADDED": This indicates that cash was added to the user's account.
  • "CVS PHARMACY": This indicates that the cash was added at a CVS Pharmacy location.

    • 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.

    SimplyWise Community Comments

    Gregory Thompson

    Hmm, saw a sneaky charge from CASH ADDED - CVS PHARMACY on my statement. Not sure what it's for. Gotta get to the bottom of this! #MysteriousCharges

    Transaction codes from CVS
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