As you may know, Target announced December 19th that there was a breach in their system in which customers' credit, debit cards, and Target REDcards that were used in the U.S. between November 27 and December 15th, may have been compromised. They have indicated that the compromise has been contained.
What you need to know:
Update on Jan 2, 2014:
Today we were informed that there are phishing emails
related to the recent Target breach. These are emails that appear to be from Target but are not. We encourage you to proceed with caution if you receive an email claiming to be from Target. Before clicking on any links or responding with information, visit the Target breach site
where they will post all the emails they are sending to customers, to ensure its validity.
Should I get a new credit or debit card?
We are monitoring the situation very closely and are in close contact with our card processor. Once we are notified if any of our credit or debit cardholders have been effected, those who were affected will receive a notice from us regarding the situation.
How does Elevations protect me if fraudulent charges are made on my card?
All Elevations Visa cards (credit or debit) carry Zero Liability Protection* which means that you will not be held responsible for fraudulent charges made with your card information.
What security precautions should I take?
We recommend that you monitor your credit or debit card. If you should notice a charge that looks suspicious, please contact us at 800.429.7626 or stop by one of our branch locations.
Since the Target REDcard is tied to my checking account, has that been breached too?
As a safety precaution, if you have a REDcard linked to an Elevations checking account, you should contact Target at the number on the back of your card to ask about getting a new REDcard issued. For more information please refer to Target's website update page regarding this breach.
Approximately how many cards were affected?
Target announced yesterday that approximately 40 million credit and debit card accounts may have been impacted between November 27 and December 15th, 2013.