'Elite' credit cards biggest targets for fraud - KWWL - Eastern Iowa Breaking News, Weather, Closings

'Elite' credit cards biggest targets for fraud

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(NBC) -

Which credit cards are fraudsters more likely to target?

A year-long study by Forter, which makes fraud prevention software for online retailers, found that so-called "elite" credit cards have nearly twice the fraud rates as other types of regular credit cards. 

The company analyzed hundreds of thousands of credit card transactions across all type of online retailers.

Elite credit cards are usually invitation-only cards, carry hefty fees and require cardholders to charge at least six figures a year. 

That means a big fraudulent purchase could be overlooked unless the card owner pays close attention to the card's account activity. 

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