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Is "TYPE: Premium ID: 1800948598 CO: Rocket Money ACH " fraud?

Written by Jemina Owen-Jones

April 18th, 2024

About "TYPE: Premium ID: 1800948598 CO: Rocket Money ACH "

1/25/2024 6:08
  • TYPE: Indicates the type or nature of the transaction, in this case, it is classified as "Premium."
  • ID: Refers to the identification number associated with the transaction, which in this case is "1800948598."
  • CO: Stands for "Company" or "Corporation," indicating the name of the entity involved in the transaction, which is "Rocket Money."
  • ACH Trace Number: Represents the Automated Clearing House (ACH) trace number, a unique identifier for the transaction within the ACH network. No specific trace number is provided in this code.

    • 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 Rocket Money.
    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.
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