Credit Cards & Loans

How To Keep Your Credit Card Safe

In the recent times, there have been a couple of high stake credit card breaches from several retailers around the world. The worst thing about credit card theft or fraud is that someone can use your credit card to make a purchase. Under such circumstances, there is pretty much nothing you can do immediately to arrest the situation at hand. Nevertheless, there are a couple of steps that you can take to keep your credit card safe. The first thing you need to do is hide your credit card from people who can potentially steal it. If you have a wallet, make sure that the card is kept on the inside pocket. On the other hand, if you have a hand bag, keep your cards tightly secured inside the bag, where they cannot be seen. Whenever you go out, make sure that your purse or wallets is never left on the pub or club table. Remember that, if your card is not visible on you, it is highly unlikely for it to be stolen.

The other important tips for keeping your credit card safe include; using a card with security features, being careful when giving your card number over the phone and carrying only the cards that you need. You can also avoid lending your card and keep a tab over your expenses by retaining the receipts and financial statements. Getting a card with a number of security features such as Photo ID can be of great help, especially if you lose your card. When speaking to anyone over the phone, be careful not to issue your credit card number. You should only do so, if you are the one who has initiated the call. In addition, never at any time issue your credit card number, if you have dialed a wrong number. Carrying only the minimal number of cards when traveling will minimize the possibility of you losing your credit card unawares. In addition, avoid leaving the receipts of your purchases or credit cards anywhere around your room, regardless of where you stay.

You can keep track of your credit card balances and spending by saving your purchase receipts as well as monthly receipts. This will help you spot anything suspicious in your bills. If you notice anything out of the ordinary, contact the credit card issuer with this information. On the other hand, if you are shopping online, there are a couple of things that you can do to keep your credit card safe online. The most principle among them is to ascertain the authenticity of the websites you are visiting, before providing your credit card number. Most spammers on the internet are known to steal personal information through websites that promise security. Whenever you are applying for a credit card, only do so from a reputable vendor or issuer. You should also avoid the habit of saving your credit card number online retail sites, especially if such a critical request is not a requirement for making a purchase.

1 Comment

  1. alrik April 24, 2018 at 8:01 am - 

    I want to buy some stuff online, but I don’t have a credit card, If I get one of those pre-paid Visa’s at CVS or something, are they safe to use online?

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