Originally posted by Martyjp
Even if the card is expired they can still send in since they are actually running the card again to get a new authorization number. Also, they probably participate in the VISA Account Updater program where whenever a new card is issued to replace an existing card, VISA is notified, and they pass it along to merchants who subscribe to the service. So in theory you would never have to give them any new card number and they could keep on going forever!
The worst thing I see them do is with people getting signed up with some kind of service that they haven't requested. Most of the time this is something like "Get a FREE credit report". What isn't told to the person is that when you do this you are supposed to be sent something in the mail to cancel your service, otherwise in 30 days you get billed $80-$150. Out of the hundreds of people I have spoken to about this, not a single one has ever received anything in the mail!!! They are real quick to refund these back, but think about this... on average it takes someone 30 days to get their bank statement. If they debit your account the first of the month for $100, and do this to a million people. That equals $100,000,000 in a bank account. If they just earn 2% interest on that amount, even if they gave it all back, they would make $2,000,000 profit!!! Sounds like a scam to me!
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