Citi mails unrequested credit cards Consumers At Risk
Do you have an account with Macy’s that’s been inactive a few years?
Your personal information may be at risk though Citi says “no”.
Just be on the lookout for this new card.
It’s coming your way.
From CNN Money
Citi is issuing approximately 3.5 million credit cards to department store customers who did not request them, the banking company confirmed Friday.
Macy’s selected a portion of its card members who have had inactive accounts for more than two years to receive the new Citi MasterCards, according to Citi spokesman Samuel Wang.
According to news reports, consumer groups had raised concerns about the move, saying it could put customers’ personal information at risk either in the account-creation process or because the customers, not knowing they were being sent a new card, would not know if it had been stolen in transit.
