Fraudulent charges to my cc account

[Bill in NC]

Bank of America happily let one merchant re-charge that "one-time number" several months after it expired, for an amount well over the limit I set.

Took 3 months to get that unauthorized second charge removed.

"One-time numbers" are clearly not a panacea.

[NewtonMP2100]

happened to me twice, 1st time with Citibank. . .I noticed many charges at "on the road" guess they were taking a trip. . .called up. . .that was over 15 years ago. . .

then recently there was a $200 charge to western union (also Citibank card for some reason) I noticed it because I check my credit card statements periodically online. . .called it in also. . . .

[raz]

[quote Jimmypoo]Paypal will now generate one time use Visa numbers for you!
Perhaps, but I trust PayPal least of all.

[macaroo]

Last Fall I received an email from my bank indicating that they had detected suspicious activity on my business CC. Upon checking the account on line, sure enough there were 2 charges that I did not place. I called the fraud department and they cancelled the card immediately. Because it was the weekend, I was instructed to go to the b&m bank on Monday and plead my case.
Even though, the charges had not cleared (pending) they could not stop the transactions and was told that I had to wait for the process to complete and then try to collect from the companies involved. To make an long story short, I ended up eating the charges <$100 because the companies involved were in Europe and I was not able to locate them.
I was lucky to take immediate action as I was able to detect further attempts on my account a couple of days latter.
I still do not know how the CC was compromised. I suspect because I buy a lot of computer related equipment on the InterNet, my number was either hacked from a vendor server or just sold outright by an employee.
This incident has made me very suspicous and I now check my accounts every day on line.

[N-OS X-tasy!]

[quote Bill in NC]Bank of America happily let one merchant re-charge that "one-time number" several months after it expired, for an amount well over the limit I set.

Took 3 months to get that unauthorized second charge removed.

"One-time numbers" are clearly not a panacea.
Another example of why I refuse to do business with Bank of America.

Your issue is with BoA, not the concept of one-time numbers.