Is "Purchase STEAK-N-SHAKE#0608 Q99" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "Purchase STEAK-N-SHAKE#0608 Q99"?

Steak 'n Shake was founded in 1934. The company operates in the fast-food industry, specializing in steakburgers and milkshakes. Its menu also includes items such as fries, other types of sandwiches, and a variety of beverages. The company is known for operating both sit-down restaurant services and drive-thru options.

Purchase: Transaction type indicating a purchase has been made

STEAK-N-SHAKE: Merchant name indicating where the transaction took place

#0608: Store or location number of the merchant

Q99: Internal classification or reference code for the transaction

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.