TD Travel Notifications are no longer needed

Most issuers are doing it. I guess the changes are at the backend of Visa and Mastercard. Is the risk now greater? Possibly, but could also mean higher chance of card being blocked for shopping outside normal patterns.

cstca wrote: ↑From TD website:
Travel Notifications are no longer needed
Our-industry leading fraud detection systems can now better detect suspicious or unauthorized transactions when you travel.
How do they know if the charge to the CC is a valid one while traveling overseas? Isn't there a risk to have the card blocked?
CoS

The regular risk score will tease out suspicious transactions. Of course the exact algorithm is confidential.

I hope it's more along the lines of "Not Necessary, Optional" rather than "we don't accept them anymore" ...

I mean, a few purchases start coming up in a foreign country, I'd want them to stop and ask me. But not when it's me making the purchases!!!

cstca wrote: ↑From TD website:
Travel Notifications are no longer needed
Our-industry leading fraud detection systems can now better detect suspicious or unauthorized transactions when you travel.
How do they know if the charge to the CC is a valid one while traveling overseas? Isn't there a risk to have the card blocked?
CoS

Lol at TD finally getting into this? I know RBC, cibc, etc all already had this maybe years ago.

But no, I've never had any issues unless say it's your first time travelling then possibly.

DaVibe wrote: ↑I hope it's more along the lines of "Not Necessary, Optional" rather than "we don't accept them anymore" ...

I mean, a few purchases start coming up in a foreign country, I'd want them to stop and ask me. But not when it's me making the purchases!!!

TD has not been accepting travel notifications for travel within Canada for a few years (guess where our cards were comprised).

I do call TD when travelling outside of Canada and Amex no matter where we are going.

Cardholders are no longer required to advise Amex of travel plans. However, when Amex advised me of this I asked why Amex is constantly showing ads on TV re their up to date monitoring of "unusual spending" on a card. I asked if spending in Europe when we live in Toronto would be considered "unusual'. The rep did have to admit that it would be unusual - but the card would probably not be blocked - but if it was, just to call. Can't have it both ways.

The merchants will not call and I can think of better things to do than try to call Amex Canada from Europe.

At least Interac will accept notifications.

Well better call in anyway, don't have any reason to trust how they will know I am using the card thousands of kilometers away from Canada no matter what they say.

Blanche123 wrote: ↑I asked if spending in Europe when we live in Toronto would be considered "unusual'. The rep did have to admit that it would be unusual - but the card would probably not be blocked - but if it was, just to call.

It depends, if you have purchased airline tickets with the card, then something in duty-free at the airport, and then a hotel in Paris, the spending pattern would not be a problem. However, if you buy your groceries locally with the card and then two hours later the card is used in Bratislava then there's definitely a problem.

But isn't safer for the bank to block all purchases coming from foreign country unless I tell them specifically that I'll be traveling to this country? To me this would be the logical approach from a financial institution perspective. The TD CSR told me this was changed 2 months ago.

CIBC does not require notifications either since 2 months ago.

June 2014 RBC no longer required travel notification

rbc-its-no-longer-necessary-inform-them ... s-1488536/

In August, we travelled to NYC and never notified TD. I used my TD USD Visa to purchase things and weekly subway passes. I was able to do so fine until I repeatedly purchased the passes (needed 3) and the 3rd time, they blocked me until I called in. So I supposed they had something in place already then