Robert Lee Settles, 23, of 201 Forrest Lee Dr. Booneville, was arrested on Thursday.
Around Thanksgiving Settles acquired his Grandfather's credit card and began withdrawing money from the account, Prentiss County authorities said.
The card that Settles took belonged to the Vietnam Veterans of America chapter 842 in Tupelo, authorities said.
Settles commited over 20 counts of credit card fraud inside Prentiss County as well as transactions in Pearl, Prentiss County Sheriff Randy Tolar said.
Settles has also been charged with burglary in an unrelated case.
Bond for both charges is $12,500.00. Settles is also being held for the Mississippi Deptartment of Corrections.