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Is "ELECTRONIC WITHDRAWAL TARGET DEBIT CRD" fraud?

Written by Jemina Owen-Jones

April 18th, 2024

About "ELECTRONIC WITHDRAWAL TARGET DEBIT CRD"

Target is a prominent American retail corporation that has been in business since 1902. The company offers a wide range of products, including clothing, electronics, household essentials, and groceries. Target operates both brick-and-mortar stores and an online platform, providing customers with various options for shopping.
  • ELECTRONIC WITHDRAWAL: Indicates that this transaction was made electronically.
  • TARGET: Represents the recipient or payee of the transaction, in this case, it is Target.
  • DEBIT: Indicates that the transaction is a debit, meaning money was taken out of the account.
  • CRD: Abbreviation for "card", indicating that the transaction was made using a debit card.

    • 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 Target.
    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
    Maxwell Everhart
    3 months ago
    Hey, I noticed that charge too! It's really weird. Has anyone figured out what it is yet? I hope it's not fraud! ????