Is "POS Withdrawal (FIP) DOLLARTREE 2485 WARWICK AVE W" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "POS Withdrawal (FIP) DOLLARTREE 2485 WARWICK AVE W"?

Dollar Tree is a discount variety store chain that was established in 1986. With its headquarters located in Chesapeake, Virginia, the company currently operates more than 15,000 stores across the 48 contiguous United States and Canada. Dollar Tree stores sell an assortment of products including beauty and health items, food and snacks, party supplies, stationery and craft supplies, toys, books, household cleaning supplies, home décor, kitchen items, and seasonal items. Each item sold in stores and online is priced at $1 or less.'

POS Withdrawal: The transaction was made at a point-of-sale terminal.

(FIP): This might be an abbreviation or a code specific to the user's bank. The meaning of this code will need to be confirmed with the user's bank.

DOLLARTREE: The merchant or business name associated with the transaction is Dollar Tree.

2485 WARWICK AVE: The street address of the Dollar Tree store where the transaction took place.

WARWICK RI: The city and state where the Dollar Tree store is located.

(0379): This could be an additional code related to the specific branch or location of the Dollar Tree store. The exact meaning of this code will need to be confirmed with the user's bank.

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.