According to a 2023 Federal Trade Commission report, credit card fraud was the most frequent type of identity theft in 2022, with over 440,000 reports. This fact is corroborated further by the research indicating that the U.S. consumers lost an alarming $12.6 billion due to credit card thefts in 2022.

While it’s alarming to discover that your credit or debit card has been stolen, you can reduce the consequences of card theft and misuse if you act quickly.

The answer to the question "Someone used my credit card—can I track them?" is yes, but only to an extent. The first step is reporting the incident to the bank and getting a credit card fraud report on file. Our guide will help you take adequate measures beyond reporting to limit your financial liability. We’ll discuss:

• What to do if someone stole your credit or debit card number and used it online
• How card thefts are tracked
• How to minimize the chances of online credit card theft with virtual cards

Someone Used Your Credit Card To Buy Online—Here’s How the Authorities Track Them

Remote or card-not-present (CNP) fraud occurs when your stolen credit card is used online without your permission. Unlike in-person (or card-present) fraud, there is usually no witness or security camera footage to track or identify the person making unauthorized credit card transactions, so finding the culprit can be significantly more challenging.

The first thing you must do once you suspect someone stole your credit card number and used it is contact your bank. They will block the stolen credit card to prevent further unauthorized charges and issue a replacement card. The procedure is different for fraudulent transactions resulting in the loss of exorbitant amounts of money—these cases of online credit card theft are usually handled by bank investigators or law enforcement. You may also need to file a police report and monitor your credit reports for suspicious activity.

The available methods of tracking CNP fraud require advanced technology and legal clearances. The authorities typically track fraudulent credit card transactions by:

1. Checking transaction timestamp and IP address
2. Using geolocation tracking
3. Investigating the buyer’s data and further account activity

Checking Transaction Timestamp and IP Address

When you alert your credit card company of an unauthorized charge, it may assign a team of investigators to look into the transaction, depending on the scope of activity. The investigators start with analyzing the transaction timestamp and IP address to verify if fraud has actually occurred as claimed. This step is necessary to rule out instances of unintentional or friendly fraud, such as:

• Accidental purchases
• Family member using the card without the cardholder’s knowledge
• Subscription service charging the cardholder after the trial period

Once the investigators confirm that your stolen credit card was used online, they will continue analyzing the IP address to uncover the fraudster. One of the most obvious signs of online credit card theft is the customer ordering goods or services from an IP address in a different state or continent. In that case, the investigators use geolocation data to pinpoint the exact location of the criminal.

Using Geolocation Tracking

Credit card companies and banks generally use software to extract geolocation data and leverage it for information like the malicious user’s time zone, internet service provider (ISP), and exact location of the fraudster at the time of the fraudulent purchase. In most cases, this data is shared with law enforcement, who direct the internet service provider (ISP) and other intermediaries to disclose details about the card user.

The success of this step depends on how easy it is to break through the anti-tracking measures used by the thief. Skilled hackers are aware of the channels compromising their identity and take steps to hide their trail, so there’s no guarantee the culprit will be found.

Investigating Buyer’s Data and Further Account Activity

If the location tracking is unsuccessful, the investigators will try to look into other aspects that may hold the information on the person who used your card online. For example, if the thief made multiple purchases with your card, their buying pattern can be analyzed by criminal profilers and used to identify them. Other possible alternatives include:

• Tracking a delivery address (if available)
• Looking into the thief’s cellular network usage (only if a phone number can be associated with the purchase)

Unfortunately, despite all the measures taken, the perpetrators of online credit card theft are rarely caught.

What’s Your Liability for Stolen Credit Cards Used Online? Can You Get Your Money Back?

Since it can be difficult even for investigators to track down a credit card thief, it's important to limit your financial liability as much as possible. Thankfully, U.S. consumers are protected from multiple angles.

Federal laws generally limit the liability of credit card fraud victims to $50. According to the Fair Credit Billing Act, the credit cardholder typically:

1. May not be held liable for any amount if they report a stolen card before an unauthorized transaction was completed
2. May be liable for up to $50 if unauthorized credit card transactions were made before reporting
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Most card networks require that banks offer zero-liability credit card protection for most consumer cards. This protection implies that any fraudulent charges the cardholder reports or the card issuer detects will be removed from the cardholder’s account, without the cardholder being liable. Most card issuers, regardless of their official policy, won’t require you to pay the $50 you’re technically liable for according to the federal law.

What if Someone Used Your Debit Card—Does Your Liability Change?

Since a debit card is linked to your personal checking or business account, you may be responsible for the loss if you don’t report the theft within the specified time. 

According to the Electronic Fund Transfer Act (EFTA), if your bank imposes liability on you, your liability usually depends on how quickly you report the theft. Refer to the following table for details:

How To Protect Yourself From Online Credit Card Theft

Digital transactions have been leading the payment landscape in recent years as a generally secure and convenient way to make payments. However, the flip side to this trend is that skilled hackers and other bad actors now enjoy a larger hunting ground.

According to the U.S. Government Accountability Office, cyber fraud is a trillion-dollar industry, and data breaches are one of the top reasons it keeps growing. If you want to minimize the risk of a stolen credit card or debit card, start masking your payment data with virtual cards.

Start Using Virtual Cards

Virtual cards are designed to conceal your real credit or debit card numbers from thieves and hackers that may hack the business you shop at online. A virtual card is a temporary 16-digit number with its own expiration date and security code that is tied to your real bank account. You can use this virtual card number to complete online and over-the-phone transactions as you would with an actual debit or credit card. If a breach occurs, the attacker will only find your temporary card details, while your real account details remain hidden. Many virtual card providers offer additional security features, such as:

• Locking the card to a specific merchant—The virtual card can only be used at a designated merchant and, if stolen, cannot be used elsewhere. This feature is useful if you have recurring payments or frequently shop on a particular website
• Creating single-use cards—The card closes after a single purchase, rendering it useless to a potential hacker

The virtual card market is expected to reach $1.89 trillion by 2031, growing at a rate of over 20% annually. It’s one of the fastest-growing industries in the world as more and more consumers are using virtual cards to protect their payments.

Several banks provide proprietary virtual cards to help protect their customers, but these services may have limited features and associated fees.

If you want a secure, versatile, and feature-rich virtual card—opt for Privacy, a Better Business Bureau^® accredited virtual card provider. 

Outsmart Hackers and Thieves—Get a Privacy Virtual Card

Privacy Virtual Cards are randomly generated payment card numbers used for completing online purchases. You can connect your Privacy Cards to a debit card or bank account at most U.S. banks—here’s how:

1. Go to the Privacy’s signup page
2. Provide your basic details (as per KYC norms)
3. Add your bank account or debit card
4. Request and create your Privacy Card instantly

Privacy users have the option to create a Merchant-Locked Card that “locks” to the first merchant where it is used. The feature is specifically modeled to help prevent financial risk in the case of a data breach as the hacker won’t be able to use the card on another website.

If you don’t want your card to “lock” to a specific merchant but rather to a merchant category, you can create a Category-Locked Card. Privacy will decline any charge attempt that comes from a vendor not belonging to the preset category. 

With Privacy, you can also create Single-Use Cards that close shortly after the first transaction. Protect your payments with Privacy Cards—get yours now!

Privacy Cards—Stay in Control With Useful Customization Features

Privacy Cards come with helpful features that protect your online transactions. Check out the benefits below:

Privacy currently offers 12 new virtual cards (Merchant-Locked or Single-Use) as part of the Personal plan. The platform also offers monthly plans with Category Cards and features like 1% cashback on select purchases, Priority support, fee-free foreign transactions, and customizable card notes—check out the Privacy plans here!

Security Standards at Privacy

Since Privacy offers a financial service, it has to follow PCI guidelines and security standards to protect users. We store sensitive data on encrypted, single-tenant hardware in private networks and go through rigorous annual audits for data security.

You can trust Privacy to deliver advanced security to your online transactions. Join more than 200,000+ satisfied users relying on Privacy to block hidden fees and charges from compromised cards and unwanted subscriptions—sign up to explore Privacy Cards.

Frequently Asked Questions (FAQs)

Can Police Track Credit Card Purchases?

With proper authorization and documentation, a credit card can be tracked in case of fraudulent activity or criminal investigations. Often, the police will trace the IP addresses and locations associated with the transactions to pinpoint the perpetrator. However, it's a lengthy and complicated process and may not be possible for every credit card fraud report. 

Can You Track a Credit Card?

You can track a credit card purchase by checking your card statement or online banking account. You should be able to see where your card was used, when it was used, and how much money was spent. However, you can't see the thief's location, and if the purchase was made online, you'd need the help of police to find the perpetrator's real location.

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