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A person about to enter their PIN at an ATM holds one have over the numbers to protect them from ATM scams and keep their money safe.

ATM Scams Explained: How to Spot Skimming and Cash Trapping

You walk up to an ATM, pop in your card, grab your cash, and go. It takes less than a minute, and most days everything works exactly as it should. But criminals have found sneaky ways to turn that quick stop into a payday for themselves with ATM scams. Two of the most common tricks are skimming and cash trapping, and both can happen without you noticing a thing until your money is gone.

The good news is that a little know-how goes a long way. Once you understand how these ATM scams work and what to look for, you can protect yourself in seconds. Let’s break it down.

How Skimming Works

Skimming is all about stealing your card details and your PIN so a thief can drain your account or create a fake card. Here’s what usually happens. A criminal attaches a small device, called a skimmer, right over the real card slot on the ATM. When you insert your card, the skimmer reads and copies the information stored on the magnetic stripe. The machine still works normally, so you have no idea anything is wrong.

But your card number alone isn’t enough. Thieves also need your PIN. To grab it, they use one of two tricks:

With both your card information and PIN, a criminal may be able to use your information to make unauthorized transactions or create a counterfeit card.

How Cash Trapping Works

Cash trapping goes after your money directly instead of your card details. With this scam, a thief slips a device into the cash dispenser, the slot where your bills come out. You go through the whole transaction, your account gets debited, but no cash appears. It feels like the machine glitched.

You might assume that the ATM is broken and proceed to walk away or go into the bank to find out what happened. As soon as you’re gone, the criminal returns, removes the hidden device, and pockets the bills that were trapped inside the whole time. Your money never made it into your hands but it’s certainly out of your account.

Warning Signs to Watch for at an ATM

Most tampering leaves clues if you know where to look. Before and during your transaction, keep an eye out for these red flags:

Trust your gut. If a machine feels off in any way, use a different one and report it to the bank.

Simple Steps to Protect Yourself

A few easy habits make you a much harder target. Follow these before, during, and after every ATM visit.

Before your transaction:

During your transaction:

After your transaction:

One quick note worth remembering: Members 1st of NJ will never ask you for your PIN or the three-digit security code on the back of your card. If anyone asks for those, whether by phone, text, or email, it’s a scam. Hang up and call us directly.

What to Do if You Think You’re a Victim of ATM Scams

If you suspect you’ve been hit by one of these ATM scams, move quickly. Fast action gives you the best shot at protecting your money and recovering any losses. Here’s your action plan:

1. Block your card right away

During office hours, please call 856-696-0767. After hours, please call 800-472-3272 to have your card blocked immediately. The sooner you call, the sooner we can step in to help.

2. Check your account

Log in to online or mobile banking and review recent transactions. Write down anything you don’t recognize, including dates and amounts. And if you haven’t already set up your online or mobile banking don’t wait. Setting it up is quick and easy. 

3. Change your PIN

Once your card is secured, set a new PIN so the old one is useless to anyone who captured it. This can be done by calling Members 1st at 800-992-3808.

4. Report it to the FTC 

File a report at IdentityTheft.gov to create an official record and get a recovery plan.

5. Keep watching 

Fraud can show up in waves, so keep an eye on your account and statements over the following weeks and even months. 

You’ve Got This

ATM scams sound scary, but you’re far from powerless. A quick glance at the machine, a hand cupped over the keypad, and a habit of checking your account regularly will keep you a step ahead of the people trying to take advantage.  If you notice suspicious activity or believe your card information may have been compromised, don’t wait. Contact Members 1st of NJ as soon as possible so we can help you protect your account.

 

ATM Scams FAQ

What is ATM skimming?

ATM skimming is when a criminal attaches a hidden device over the card slot to copy the information on your card’s magnetic stripe. They often pair it with a hidden camera or a fake keypad overlay to capture your PIN, giving them everything they need to access your account.

What is cash trapping?

Cash trapping is a scam where a thief places a device inside the ATM’s cash dispenser. Your account gets charged, but the bills are held back inside the machine. Once you leave thinking it malfunctioned, the criminal returns to remove the device and take your cash.

How can I tell if an ATM has been tampered with?

Look for a loose, bulky, or oddly colored card slot, a keypad that feels sticky or raised, tiny holes or mismatched panels that could hide a camera, and any pieces that look glued on or added recently. If your cash doesn’t dispense after your account is charged, that’s a warning sign too. When in doubt, use a different machine.

What should I do if I think I’m a victim of an ATM scam?

During office hours, call 856-696-0767. After hours, please call 800-472-3272 to have your card blocked immediately.  Then review your account for unfamiliar charges, change your PIN, and report the fraud to the FTC at IdentityTheft.gov.

Will Members 1st of NJ ever call and ask for my PIN or card security code?

No. Members 1st of NJ will never ask for your PIN or the three-digit security code on the back of your card. If someone requests that information by phone, text, or email, it’s a scam. Hang up and call us directly using a number you trust.

How can I find a safe ATM to use?

Stick with ATMs in well-lit, busy locations and use machines within a trusted network. As a Members 1st of NJ member, you have access to thousands of surcharge-free CO-OP network ATMs nationwide, which you can locate through our website.

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