CREDIT
CARD FRAUD PREVENTION INFORMATION BASICS DEBT LEARNING TIPS STRATEGY HELP
MANAGEMENT TIPS PRACTICAL ADVICE IDEAS EDUCATION
FREE ARTICLE
Protect
yourself from credit card fraud.
HOW TO PREVENT CREDIT CARD FRAUD
Credit
card frauds are very common these days. You need to
be highly alert to such possibilities.
It's best that
you follow some basic rules to prevent credit card
fraud. Here is some tips and advice:
PREVENTING CREDIT CARD FRAUD
Sign your Card
Sign your credit card as soon as you receive
it. Whenever you use plastic money, keep your eyes
on it. Don't allow your credit card out of your vision,
if it is possible. Be sure that you are giving your
card to the right person. You must verify his or her
identity prior to handing over your card.
Be Careful Giving your
Account Number
You
may receive a phone call enquiring about
your account number. You should never
give your account number unless you
have initiated the call after verifying
the credibility of the caller.
You
should never reply to emails that ask you
for your credit card details. At times it
so happens that the mailer asks you to visit
a certain website to verify your personal
information related to your credit card. You
must not trust them. You need to check the
credibility of a website before you pass on
any information.
Don't put your PIN on your Card
Never
write your PIN on your credit card. You must
shield your confidential details so as to
prevent its accessibility to anybody. You
need to tear up all credit card correspondence
you receive, in case you think they are useless.
You must keep every detail of your bank account
in a safe place.
Don't Carry Cards that are Not Needed
You
need to carry only those credit cards which
you use frequently. You are not required to
carry all your credit cards every time you
are out shopping. Check your credit card
bills promptly. If you find anything wrong,
then enquire about it or inform your credit
card executive.
Destroy your incorrect Receipts
Destroy
your incorrect receipts. You should never
sign a blank receipt after using a credit
card. If you use a carbon paper, destroy it
immediately after use. It is always preferable
to carry your credit cards in some small pouch.
Don't let others use your Card
You
must not lend your credit card to anyone. Whenever you
move to somewhere else, you are required to
notify your credit card issuers about it in
advance. It is possible that even after taking
precautions, your card gets lost or stolen.
In either case, you need to contact the issuer
immediately. Most of the organizations have
round the clock service to deal with these
sorts of emergencies.
The
technology of plastic money has many advantages.
But there are a few loopholes too. Whenever
you use a credit card, you must keep these
points in mind, otherwise you might risk
being a victim of credit card fraud.
Protect
yourself from credit card fraud.
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