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Is "POINT OF SALE WITHDRAWAL CVS / CAREPASS" fraud?

Written by Jemina Owen-Jones

April 18th, 2024

About "POINT OF SALE WITHDRAWAL CVS / CAREPASS"

CVS is a retail pharmacy chain that has been in business since 1963. They provide a wide range of products, including over-the-counter medications, prescription drugs, health and beauty products, personal care items, household essentials, and convenience foods. CVS operates as a convenient one-stop shop for customers' pharmaceutical and retail needs.
  • "POINT OF SALE WITHDRAWAL": The transaction was made at a point of sale terminal, indicating that it was a purchase made in person at a physical store.
  • "CVS / CAREPASS": The transaction took place at a CVS store, which is a popular pharmacy and convenience store chain. Additionally, "CAREPASS" refers to the CVS loyalty program. It suggests that the transaction is related to the customer's participation or benefits from the CAREPASS program.

    • Find & fight fraud from anywhere

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for CVS.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn’t match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you’ve recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
    SimplyWise Community Comments
    Arthur Lancaster
    3 months ago
    I had the same issue last month! Contacted my bank immediately and they resolved it. Make sure to keep an eye on your statements.