Is "Roundup *SPENCER GIFTS #457" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "**Roundup *SPENCER GIFTS #457**"?

Spencer's has been in business since 1947. Initially operating as a mail-order catalog, the company has expanded to a retail presence in numerous shopping malls across the United States and Canada. Spencer's offers a wide range of products including novelty items, apparel, accessories, and home decor. The company also specializes in costumes, party supplies, and unique gifts. Additionally, Spencer's features merchandise related to music, pop culture, and adult-themed items.

**Roundup**: Type of service or transaction (indicates a small amount was "rounded up" from another transaction and possibly transferred to savings or similar action)

**SPENCER GIFTS**: Merchant name

**#457**: Merchant location or store number

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.