How much does a Fraud Analyst make?
A Fraud Analyst plays a key role in protecting businesses and organizations from financial losses. This job involves detecting and preventing fraudulent activities. The average yearly salary for a Fraud Analyst is around $90,889. This salary can vary based on experience, location, and the specific industry.
Fraud Analysts can earn different amounts depending on their level of experience. Entry-level positions may start at around $37,950, while those with more experience can earn up to $202,250. This range shows that there are good opportunities for growth in this field. Companies value their skills and often reward them with higher salaries as they gain more experience.
What are the highest paying cities for a Fraud Analyst?

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San Francisco, CA
Average Salary: $125,557
In San Francisco, professionals in this field work for tech giants like PayPal and Square. They analyze data to prevent fraud and protect customer accounts. The tech-savvy environment offers many opportunities for growth.
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Seattle, WA
Average Salary: $122,887
Seattle is home to companies like Amazon and Microsoft. Here, experts focus on detecting and preventing fraudulent activities. The city's tech-driven economy provides a dynamic work setting.
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Charlotte, NC
Average Salary: $113,563
Charlotte is a financial hub with companies like Bank of America. Fraud analysts here play a key role in safeguarding financial transactions. The city offers a stable job market with good benefits.
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Dallas, TX
Average Salary: $111,021
In Dallas, professionals work for major banks and financial institutions. They analyze transactions to spot and prevent fraud. The city's growing tech scene offers many career opportunities.
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San Antonio, TX
Average Salary: $107,627
San Antonio has a strong financial sector with companies like Wells Fargo. Fraud analysts here ensure the security of financial transactions. The city offers a balanced lifestyle with a growing job market.
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Colorado Springs, CO
Average Salary: $98,316
Colorado Springs is known for its military presence and tech companies. Fraud analysts work to protect customer data and transactions. The city offers a strong sense of community and a growing job market.
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Austin, TX
Average Salary: $95,927
Austin is a tech hub with companies like Apple and Google. Fraud analysts here are crucial in protecting customer information. The city offers a vibrant culture and many job opportunities.
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Fargo, ND
Average Salary: $95,625
Fargo is a growing city with a strong financial sector. Professionals here work to prevent fraud and ensure secure transactions. The city offers a lower cost of living and a friendly community.
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Chicago, IL
Average Salary: $92,036
Chicago is a major financial center with companies like JPMorgan Chase. Fraud analysts here play a key role in protecting customer accounts. The city offers a rich cultural scene and many job opportunities.
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Minneapolis, MN
Average Salary: $92,020
Minneapolis has a strong financial sector with companies like U.S. Bank. Fraud analysts here ensure the security of financial transactions. The city offers a high quality of life and a growing job market.
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What are the best companies a Fraud Analyst can work for?

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Intuit
Average Salary: $167,203
Intuit offers exciting opportunities for Fraud Analysts. They work in locations like Mountain View, California, and Tempe, Arizona. Intuit focuses on financial software and aims to empower people with tools to manage their finances.
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Varo Bank
Average Salary: $167,000
Varo Bank provides a dynamic environment for Fraud Analysts. They operate in cities such as Denver, Colorado, and Minneapolis, Minnesota. Varo Bank is a digital bank that aims to offer a modern banking experience.
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synchrony
Average Salary: $155,606
synchrony offers competitive salaries for Fraud Analysts. They have offices in locations like Stamford, Connecticut, and Salt Lake City, Utah. synchrony specializes in financial services and consumer banking.
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USAA
Average Salary: $133,384
USAA provides a rewarding career for Fraud Analysts. They operate in San Antonio, Texas, and other locations. USAA focuses on financial services for military members and their families.
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Amazon Web Services
Average Salary: $105,000
Amazon Web Services offers a stable environment for Fraud Analysts. They work in locations like Seattle, Washington, and Austin, Texas. AWS provides cloud computing services to businesses worldwide.
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Citi
Average Salary: $98,983
Citi offers a variety of opportunities for Fraud Analysts. They operate in New York, New York, and other locations. Citi is a global financial services company that provides banking and financial services.
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Bank of America
Average Salary: $98,574
Bank of America offers a solid career path for Fraud Analysts. They have offices in Charlotte, North Carolina, and other locations. Bank of America is a leading financial institution with a wide range of services.
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Barclays
Average Salary: $96,350
Barclays provides a competitive salary for Fraud Analysts. They operate in London, UK, and other locations. Barclays is a global financial services company that offers banking and investment services.
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U.S. Bank
Average Salary: $84,151
U.S. Bank offers a supportive environment for Fraud Analysts. They have offices in Minneapolis, Minnesota, and other locations. U.S. Bank provides a range of financial services to individuals and businesses.
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PNC Financial Services Group
Average Salary: $58,169
PNC Financial Services Group offers a good opportunity for Fraud Analysts. They operate in Pittsburgh, Pennsylvania, and other locations. PNC provides banking and financial services to individuals and businesses.
How to earn more as a Fraud Analyst?
A Fraud Analyst plays a crucial role in protecting businesses from financial losses. To earn more in this field, consider these key factors. Gaining relevant certifications can boost your credibility and salary. Certifications like Certified Fraud Examiner (CFE) or Certified Anti-Fraud Executive (CAFE) show your expertise. Experience matters greatly. The more time you spend in the field, the more valuable your skills become. Specializing in high-demand areas such as cybercrime or financial fraud can also increase your earning potential. Networking with other professionals can open up higher-paying job opportunities. Attending industry conferences and joining professional organizations can help you make valuable connections.
Another way to increase your earnings is by seeking advanced education. A master’s degree in finance, accounting, or a related field can make you more attractive to employers. Staying updated with the latest trends and technologies in fraud detection can also give you an edge. Employers value employees who can adapt to new tools and methods. Finally, consider moving to areas with a higher cost of living. These areas often offer higher salaries to attract talent. Balancing these factors can help you earn more as a Fraud Analyst.
Here are some specific steps to consider:
- Get relevant certifications.
- Gain more experience in the field.
- Specialize in high-demand areas.
- Network with other professionals.
- Seek advanced education.



