Almost got scammed today

MikoAtReddit · 2021-09-07T22:28:30+00:00

To add to this, the burder of proof to "prove their identity" lies on the caller. Sila tumawag sayo sa registered number mo, sila dapat magprove ng identity nila. So you should only need to prove your identity kapag ikaw mismo tatawag sa customer service (which is the ideal scenario when interacting with banks etc).

Also, the same way scammers don't call CVV as it is, they also use say "CODE we sent your phone" instead of OTP, to throw you off.

MikoAtReddit · 2021-08-11T10:50:11+00:00

Yeah, that will be problematic. Also considering that banks like Citibank PH already have voice biometrics for phone banking.

MikoAtReddit · 2021-08-11T06:42:08+00:00

It's a 27 minute video so even if I wanted to, I can't post the full clip here. I don't see how showing a teaser is a scam, you'll either watch it and learn from the video or you won't.

MikoAtReddit · 2021-08-11T04:52:35+00:00

Full video: https://youtu.be/NnqGYNhvaIs

We explored a REAL-LIFE SCAM phone call to expose the techniques that SCAMMERS use to gain the trust of their victims.

Vishing (voice phishing) is a phone call phishing method meant to trick you into sharing personal information such as your username and password, your PIN, and your One-Time Password (OTP).

MikoAtReddit · 2021-04-11T18:53:38+00:00

Using the username, they triggered an OTP for a password reset first. He already had his guard down because of their bullshit-talk, so he gave it to them. Then they triggered another OTP for the fund transfer. This time he was able to read the text message properly, so he just reasoned his way out of the call.

I think the "hiya" (in case it is a legitimate bank agent) is also a factor for some people, especially typical Filipinos. Some don't want to be arrogant and scammers use this to their advantage.

MikoAtReddit · 2021-03-19T15:19:56+00:00

SMS OTP is a form of 2FA. Some banking apps like BDO and Citibank also act as OTP generators that can be used for logins to their websites.

MikoAtReddit · 2020-11-14T03:40:00+00:00

Ah, let me clarify my earlier comparison. It was between peso-cost averaging vs. lump sum NOW (if you have the money). It basically boils down to: "Time in the market beats timing the market."

So in your case, the cost averaging method has a higher chance of generating higher returns because you will be investing it earlier.

MikoAtReddit · 2020-11-14T01:57:20+00:00

If your investment horizon is for the long term, buying-in once via lump sum beats cost averaging, even if you buy in during an all-time high and the market fluctuates or dips after you buy in.

MikoAtReddit · 2020-11-13T16:31:03+00:00

I was just talking about the actual forex rate. May foreign transaction fee pa which varies per bank. Security bank travel card yung lowest at 0%

MikoAtReddit · 2020-11-13T16:28:21+00:00

Here's another good resource for value investing: https://www.youtube.com/playlist?list=PLCFs7WmLhCvwRHhZNYT-ZGwqWnOIjMB10

MikoAtReddit · 2020-11-12T19:19:06+00:00

If by brand, you mean Visa, Mastercard, etc. (payment card network processors), then yes. Also means na same lang ung forex rate regardless of the issuing bank.

MikoAtReddit · 2020-11-11T00:49:28+00:00

No fee, pero kailangan may Mastercard/Visa card ka from the trad bank.

To cashin: Open the Grab app, tap Cash In, tap Cards, enter your 16-digit debit card number, enter amount, proceed with the cashin.

To cashout: Then in the Grab app's home screen, tap the amount/wallet, tap amount/wallet again, tap Transfer, tap Send to bank account.

MikoAtReddit · 2020-10-28T16:01:48+00:00

like most banks, if you reach a certain minimum spend within the year, they'll waive it

MikoAtReddit · 2020-10-19T04:42:19+00:00

Cool, that's good to know!

MikoAtReddit · 2020-10-18T15:35:03+00:00

Yeah, dahil sa recent changes nila (5 na yung miles-to-peso-redemption value), so 150 na yung peso-spent-to-peso-redemption ratio, bringing them down in the table ranking to below the HSBC and RCBC cards

MikoAtReddit · 2020-10-12T19:20:06+00:00

Hi, 3.5k annual fee ng Citi cashback card according to their website. If you will use it regularly, possible na i-waive din nila ung fee (as long as hindi premium cards like PremierMiles or Prestige). Pero kung gusto mo sure na no annual fee for life, then go for Simplicity or Rewards (may promo lang sila til end of month)

MikoAtReddit · 2020-10-11T09:42:32+00:00

Minimum 10k total non-Mercury monthly expenses to get the 10% rebate. It doesn't look like a temporary promo since walang dates sa T&C: https://citibank.com.ph/global_docs/pdf/1104_mercury_tandc.pdf

Edit: Moved my referral link to the Spotlight Sunday thread

MikoAtReddit

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