twogringos
Nomad
Posts: 181
Registered: 1-7-2007
Location: Bahia Asuncion/Color-Country
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Mood: I feel more like I do now than I ever have before
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Schwab Visa/HSBC
Used my Schwab card at a few bank ATMs (I only use in-bank ATMs) on the way down Baja. Three weeks later in La Paz the card was rejected in several
banks. When I called Schwab they said that Visa put a hold on the card because it had been compromised. No funds we lost from my account, and the
Schwab agent said, though she did not have all of the info, it was most likely compromised at the HSBC I used in Ensenada (near Wal-Mart). She
recommended to always avoid HSBC ATMs. A new card is on the way by Fedex.
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
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Quote: Originally posted by twogringos  | | Used my Schwab card at a few bank ATMs (I only use in-bank ATMs) on the way down Baja. Three weeks later in La Paz the card was rejected in several
banks. When I called Schwab they said that Visa put a hold on the card because it had been compromised. No funds we lost from my account, and the
Schwab agent said, though she did not have all of the info, it was most likely compromised at the HSBC I used in Ensenada (near Wal-Mart). She
recommended to always avoid HSBC ATMs. A new card is on the way by Fedex. |
good to know, gracias!
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bajagrouper
Senior Nomad
Posts: 964
Registered: 8-28-2003
Location: Rincon de Guayabitos, Nayarit, Mexico
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Mood: happy and retired
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Did you alert VISA of your travel plans to Mexico?
I hear the whales song
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pacsur
Nomad
Posts: 191
Registered: 8-28-2003
Location: San Jose del Cabo,BCS
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Personal opinion is don't blame one particular bank for this one, most likely employees, that's why it doesn't matter if you use a banks in house
money machine or not.
I think it was 2 years ago a part time homeowner here went to the local Bancomer in San Jose del Cabo, it was their personal bank down here also, they
used the machine 1 time, they left a month later and normally do not check their bank account information very often. I think 4 months later they
we're contacted by their US banking institution asking how much longer they would be in Mexico, they then found out they had over $30,000 usd drained
from their account, sometimes 5 withdraws a day, bottom line it was a manager and a couple of employees working together draining other accounts as
well, i was told the bank reimbursed the neighbors and everything was kept hush, hush, no police involved.
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mrfatboy
Nomad
Posts: 478
Registered: 4-17-2008
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I noticed Schwab is a little trigger happy shutting down accountsif you enter the wrong password. I gave them my travel plans the day before. Used
ATM at TJ airport. Wife used wrong password and blocked her. My phone rang no more than 60 seconds later to verify it was us. I rather have
paranoid about my money than not.
Also, you can have multiple cards with different account numbers that are linked to same account. Very smart just in case one card gets lost or
compromised you still have the other. You can block them separately.
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
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| Quote: Originally posted by pacsur | Personal opinion is don't blame one particular bank for this one, most likely employees, that's why it doesn't matter if you use a banks in house
money machine or not.
I think it was 2 years ago a part time homeowner here went to the local Bancomer in San Jose del Cabo, it was their personal bank down here also, they
used the machine 1 time, they left a month later and normally do not check their bank account information very often. I think 4 months later they
we're contacted by their US banking institution asking how much longer they would be in Mexico, they then found out they had over $30,000 usd drained
from their account, sometimes 5 withdraws a day, bottom line it was a manager and a couple of employees working together draining other accounts as
well, i was told the bank reimbursed the neighbors and everything was kept hush, hush, no police involved. |
"I think 4 months later they we're contacted by their US banking institution asking how much longer they would be in Mexico, they then found out they
had over $30,000 usd drained from their account, sometimes 5 withdraws a day"
that wouldn't be my bank any longer! 
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BornFisher
Super Nomad
Posts: 2107
Registered: 1-11-2005
Location: K-38 Santa Martha/Encinitas
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| Quote: Originally posted by twogringos | | Used my Schwab card at a few bank ATMs (I only use in-bank ATMs) on the way down Baja. Three weeks later in La Paz the card was rejected in several
banks. When I called Schwab they said that Visa put a hold on the card because it had been compromised. No funds we lost from my account, and the
Schwab agent said, though she did not have all of the info, it was most likely compromised at the HSBC I used in Ensenada (near Wal-Mart). She
recommended to always avoid HSBC ATMs. A new card is on the way by Fedex. |
I wonder how Visa knew the card had been compromised.
"When you catch a fish, you open the door of happiness."
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