Credit Card Fraud is a serious felony crime in Texas. The penalty can range from 180 days to two years in a state prison and/or a fine of no more than $10,000. However, if the offense was committed against an elderly person, the charge may be increased to that of a third degree felony. A third degree felony carries a penalty of two to ten years in a state prison and/or a fine of no more than $10,000.