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Steam Card Scams

August 05, 2022
6 min
Steam Card Scams

Steam wallet gift cards are the perfect gift for your gamer loved ones. Sadly, over the last few years, there have been increasing reports of scammers using these gift cards to swindle victims. The scams with Steam Gift Cards have cost several victims a lot of money, so we are here to help you know what to look out for.

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What is Steam?

A gamers paradise!

Steam is an online video game service that lets users play, buy, create and discuss any game on the platform. And the platform has a huge range of games, from old-school classics to new releases and everything in between. Buy games like Half-Life, the Spyro Reignited Trilogy or any of the 30,000 games available.

All your Steam games can be saved on the cloud, meaning you can play multiple games without worrying about the storage on your device.

The Steam community consists of millions of gamers looking to connect with each other, play together, discuss the games and share a love of gaming.

What is the Steam Wallet gift cards scam?

Steam wallet gift cards, which can be easily purchased from many different retailers and stores, have been the site of many recent scams. Victims have reported the scammers to the police so everyone can be informed of potential scams.

Why would scammers want Steam wallet gift cards?

It is unlikely that the scammer is looking to purchase games on Steam, and the wallet gift cards are not redeemable for cash, so why would a scammer want Steam cards?

While some scammers drain these gift cards, most sell the cards for cheaper than the retail price to gamers looking to purchase a new game. The great thing about gift card scams for scammers is that gift cards, like cash, are often not traceable, so it is easy to avoid detection.

Similar scams happen with Google Play gift cards for much the same reason. They are worth a lot on the black market, and the online transaction of gift card codes cannot easily be tracked.

What are the most common Steam gift card scams?

Be wary of scams with Gift Cards.

Although there are many different types of gift card frauds, here are some of the most common scams that have been reported to the police by victims.

Payment made by Steam wallet gift cards

Sometimes, the victim has been asked to pay for online sales using the wallet gift cards. For example, one scammer in Victoria was able to convince the victim to purchase Steam wallet gift cards whilst negotiating an online vehicle sale. They then asked for the gift card codes, making the gift cards lose all value.

When asked to pay for something that does not involve video games or Steam merchandise by using the wallet, this is usually a fraud and should be avoided. These sorts of scams are particularly prevalent when conducting business online through websites such as Reddit and Instagram.

The PayPal scam

The PayPal scam involves scammers asking you to buy the Wallet gift cards for them. In return, they will transfer money as payment on your PayPal. That way, it makes sense that you can send across the Steam wallet gift card codes.

However, once they have received the codes, you won’t see a penny, and they will sell the codes to others.

Phishing emails

Phishing emails are often used by scammers to get access to your account. Emails are sent convincing people that they have won a prize on Steam or use some other pretext to get you to sign onto the gaming platform, sometimes even posing as official agencies or as a police officer.

They will provide you with a link in the email that takes you to a website looking convincingly like Steam. However, when you look closely, there are small differences. Once you’ve entered your login details to this website, you have given the scammer all the information they need to completely drain your account.

The Steam administrator fraud

This scam is one of the more complex online scams involving Steam. A scammer will approach a person on the platform apologising and claiming that they accidentally made a report that you scammed them on your account.

They claim that your account might be shut down very soon if you don’t do anything about it. At that point, they suggest that you message a specific administrator to keep your account safe.

After this, the same person on a different account will pose as a Steam administrator. The administrator demands payment or will threaten you with account deletion unless you hand over your login credentials. As soon as you hand those over, your account will be drained.

Where are common places to find Steam scammers?

These scams are most commonplace on websites such as Steam, Reddit, Paypal and Instagram.

How can you keep your Steam account secure?

There are ways to keep your account secure. If you download the desktop app, make sure that Steam Guard is activated. That way, if anyone tries to log on to your account from another device, they will need a code sent to your phone or email.

Whilst this is a little annoying, it is a great way to protect your account from scammers.

How can you avoid online scams?

There are a few ways to stay safe and avoid scams online:

  • Use your common sense. If something seems too good to be true, it most likely is.

  • If someone requires you to purchase Steam gift cards before purchasing something unrelated, it is likely a fraud.

  • If you do fall for this, then make sure you do not give them the credentials of the gift card; instead, inform the police.

  • A key technique of scammers is to make you feel like there is a sense of emergency around the purchase of these gift cards. If this seems slightly off to you, it’s likely a scam.

  • Only enter your login details on the official website. If you follow a link from an email, check the URL and look at the details of the email address. Do not automatically trust your emails.

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Lost cash on scams or just want to save money on your Steam account?

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What is Together Price?

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Summing up

The Steam wallet gift card scam seems to be prevalent. But there are several precautions you can take to avoid becoming the victim of a scam. If you do fall victim to a scam, don’t hesitate to report it to the authorities.

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