Unfortunately, credit card fraud is common occurrence, but the good news is there are things you can do to protect yourself. You really need to keep your cards in a safe place and always check your card statements. By checking your card statements on a regular basis you will be able to catch mistakes or unauthorized charges. Here is a list of 6 things you can do to help protect you and your cards.
- Know Your PIN
Memorize any pin numbers that you set up for your credit cards. Choosing PIN you can easily remember is a good idea, but stay away from numbers others might know or be able to figure out. For example, don’t choose numbers related to your birth date, social security number, or mother maiden name. Another thing to keep in mind, if you receive documentation from your card company that has your PIN printed on it, you should shred that paperwork. Never share your PIN with anyone, even a close friend or family member.
- Unused Cards
If you have cards you don’t ever use getting rid of them might be a safe bet. You can shred them or cut them up. This will keep these cards from getting in the wrong hands. Even if you have cards you don’t use, you should still check your monthly statement for activity.
- Sign The Back
Be sure to sign your credit cards immediately after you receive them. Also, keep an eye on when your new credit cards or credit card bills should arrive in the mail. If they don’t arrive when expected, contact your credit card company. By signing the back of your card you will have a little bit of extra protection. Merchants can compare the signature during the transaction with the signature on the back of the card. This will help if your card gets in the wrong hands.
- Be Aware
When you are enter your PIN be aware of what’s going on around you. If you need to, shield your hand and card when entering credit card pin numbers into an ATM machine. Enter the numbers quickly with multiple fingers. Believe it or not, there are people who look to see if they can catch the numbers you are entering.
- Online Purchases
When making online purchases make sure the site is secured. You can determine this by the secured icon at the bottom of the screen. Don’t give any personal information until you know it is secure. In addition, don’t ever respond to an email that is requesting personal information from you.
- Report Lost Cards
Always report a lost or stolen card immediately to your card company. It is a good idea to keep credit card numbers and credit card company telephone numbers in a secure place. That way if something turns up missing you easily have access the customer service information.