Ah, yes! The change of seasons and the looming trip to our favorite vacation spot for Spring Break 2025! You are anxiously looking forward to fun in the sun, on the slopes, or maybe hiking in the mountains. Regardless of your destination you hope a relaxing week awaits.
Unfortunately, fraudsters see this time of year as a fertile opportunity for scams. Here are a few things to be aware of and to look out for when planning and enjoying your spring break.
5 common spring break scams:
About That Reservation
Many times, fraudsters will impersonate a real estate agent or property management company with a request for an additional deposit or a notification of a change in the payment terms. They may also create a fake travel site or attempt a “bait and switch” on the property you are reserving. Make sure to contact the provider at a number you know to verify any change in payment terms or property address.
Watch Out for Fakes
These don’t always equate to a large amount of money, but the fraudsters love these scams on things like lift tickets, and equipment and boat rentals. They may ask for payment by one of the person-to-person payment platforms or even gift cards, but when you arrive you learn that your tickets are fake or the item you reserved doesn’t exist.
Hidden Fees
Before you click on the “I agree” button, read the fine print carefully to ensure there are no unexpected costs or loopholes.
High Pressure Sales Tactics
Fraudsters use confusion and high pressure to entice you to act immediately to avoid losing this “fantastic” opportunity.
If it’s ‘Too Good To Be True …’
The old saying “If it seems too good to be true, it probably is” definitely applies. We’re all looking to save money but make sure you investigate so you don’t lose money.
Your spring break vacation can result in a significant expense. Make sure you are spending your money wisely and creating positive family memories, and not regrets, by watching for these common spring break scams.
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The information presented is general in nature and should not be considered, legal, accounting or tax advice. Regions reminds its customers that they should be vigilant about fraud and security and that they are responsible for taking action to protect their computer systems. Fraud prevention requires a continuous review of your policies and practices, as the threat evolves daily. There is no guarantee that all fraudulent transactions will be prevented or that related financial losses will not occur. Visit regions.com/STOPFRAUD or speak with your Banker for further information on how you can help prevent fraud.
All fraudulent transactions will be prevented or that related financial losses will not occur. Visit regions.com/STOPFRAUD or speak with your Banker for further information on how you can help prevent fraud.