0480 555 168 - Scam Alert: Bonus Interest Rate Fraud

• Scam

0480 555 168 has been reported as a scam number claiming eligibility for a bonus interest rate for ubank. Learn how to handle these calls and protect yourself from scams.

Understanding 0480 555 168: A Scam Number

The number 0480 555 168 / 0480555168 has gained notoriety among Australian users, primarily because of recent scam reports. Classified as a fraudulent number, it has been associated with a scam promising individuals a bonus interest rate linked to ubank, a legitimate financial institution.

What Users Are Saying

On the 7th of September 2023, a user reported receiving a call from 0480 555 168 / 0480555168. The caller claimed the individual was eligible for an enticing bonus interest rate if they provided personal banking details. This is a common tactic employed by scammers to steal personal information and gain access to bank accounts.

Identification and Response to This Scam

Recognising this number as a scam allows individuals to mitigate potential risks. Here are essential steps on how to respond if you receive a call from 0480 555 168:

• Do not engage with the caller: Simply hang up if you suspect the call is a scam.
• Do not provide personal information: Legitimate organisations will never ask for sensitive information over the phone.
• Report the number: If you receive a call from this number, report it to the Australian Competition and Consumer Commission (ACCC) or use a Reverse Phone Lookup service to confirm the identity of the caller, like Reverseau.

Final Thoughts

In summary, 0480 555 168 / 0480555168 has been identified as a fraudulent number associated with a scam promoting false financial benefits. By staying informed and cautious, you can protect yourself from such scams. Remember, always check with reliable sources before taking any action suggested by unsolicited callers. For further inquiries about unknown numbers, consider utilising services like Reverse Phone Lookup Australia to enhance your awareness.