íDesastre!
This is the worst credit card I have ever used. It appears it is not secure. Twice in six months, I fell victim to fraud with this card. On both occasions, the card was used fraudulently overseas, despite my having used it locally in Spain on the same day. The security system failed to alert me via the app to verify the transactions, and very oddly Iberia Cards did not flag any suspicious activity and therefore simply allowed the transactions to be made. They did not not block the transactions that were being made from another continent in foreign currency when they could see that I had used the card a few hours earlier in Spain. I would have expected them to block the transactions that seemed unusual and request that I contact them. They did not do this. Instead I discovered the fraud only by chance when checking my balance. Resolving the issues required me to file police reports and submit numerous documents to Iberia Cards causing me great inconvenience. Despite proving Iberia Cards with all the documents they needed very quickly, they still incorrectly deducted the fraudulent amount from my bank account even though Iberia Cards had recognised there had been fraud on my account. They then took weeks to resolve this very simple accounting matter.
During the second incident, my personal data, including my email and mobile number, were stolen. This breach of my data made me very nervous. Iberia Cards' response to me was inadequate, taking a full month to address the second incident. They ignored my email inquiries regarding the data breach under GDPR and how to protect myself, not even offering an apology. Of course I finally closed the account as I felt it was cleary unsafe and I could not take the risk of this happening to me again. It might be that the Iberia cards issued and managed by a bank may offer better security, but my personal experience shows that cards issued directly by Iberia Cards are clearly unsafe. I see from several other reviews of this card on this website that others have had similar security concerns. I notice Iberia Cards' lack of response to these reviews, which I think is telling.
28 April 2024
Unprompted review