Prevent Your Credit Card from Ending Up in the Wrong Hands
Even though some of these methods may seem like common sense, I believe we all need a gentle reminder every now and again to be cautious,because the day we slip up and forget , may just be the day someone will take full advantage of that vulnerability. There’s no question that following these simple strategies will definitely reduce the chances of your credit cards ending up in the wrong hands.
Try to only carry one credit card with you , two at the very most, this is especially important while traveling.
No matter where you are making a purchase, after your transaction is complete, and you are given back your debit/credit card, make sure it is definitely your card.
Believe it or not, the workplace is the worst place to leave your purse/wallet/credit cards unattended. Statistically, at work is where most of the population has their cards stolen.
Never, under any circumstances write your Personal Identification Number (PIN) on your debit/credit card, or anywhere for that matter, memorize it.
Never leave your credit cards in your vehicle. This is the second most vulnerable place cards are stolen in the U.S.
Make a discreet list of your credit card numbers and put this list in a secure place, such as a lock box or safe. On this list, you do not need to include the (PIN) or the cards 3 digit security code, just the main number on the front of the card.
In the event your cards are lost or stolen, it is good to have these numbers readily available to make the report to your credit card company,which brings me to my next point.
If your cards become lost or stolen- report them lost or stolen immediately. Thieves know that time is not on their side, and most fraudulent transactions take place directly following the theft, and as time goes on,they will make test purchases to see if the card is still valid. Hesitating will make it worse for yourself and easy for them simultaneously.
Upon receiving a new card in the mail, sign the back of the card with a fine tipped permanent pen /marker immediately. Upon receiving a card that you have no intention of using: cut it up/destroy it immediately as well as any corresponding paperwork that came with it, that may contain the account number or other personal information.
Never give your credit card information over the phone. Be wary of con artists that call you and want to verify your account number..or social security number, claiming that they represent your bank. But I do realize that there maybe a time that you may have to make a purchase over the phone with your credit card.
In these circumstances, I recommend that you don’t give this information out unless you called them, and prior to this phone call, you made certain it was the right phone number for the company you intended to call, and that everything was correct and valid before giving this sensitive information over the phone.
Just keep in mind that whether or not it is a legit company/phone number that you are calling…that it is more than likely you are giving your credit card number to someone who may be able to record it and either use the information themselves,or sell the information. Trust me, this is not an exaggeration.
In conclusion, the biggest thing I want you to think about is this: Don’t wait until something happens to start implementing these methods and strategies. Too many people are the victims of theft, or worse,and then look into ways of preventing those same situations from happening again.
This seems to be a backwards approach to life. I’d rather try my best to prevent these things from happening to begin with. And that is the main reason I feel I write these articles about personal protection and prevention techniques among other subjects,to get the word out to those that may not know. I hope this article is useful to you and those you care about.
Is it Risky to Use a Credit Card Online?
Every day thousands of people across continents hand over their credit cards to waiters and retail clerks. They read their credit card numbers over the phone to anyone from travel agents to home food delivery people.
They sign credit card slips in stores and walk away, leaving their numbers in plain sight of dozens of strangers. And they worry about entering credit card information over the Internet? Obviously this is an issue of people becoming comfortable with new technologies.
By contrast, using a credit card on the Internet is very safe. Any responsible online store uses e-commerce software that encrypts a customer’s credit card number and renders it illegible before sending it over the Internet.
However once a card number is stored on a merchant’s computer, things get a bit more complex – if a server isn’t properly configured, credit card details might be exposed to unauthorized users.
But a secure online store makes this almost unfeasible, and more stores are learning how to provide the best possible security for their customers. If all else fails and something does go wrong, credit card issuers provide the same fortification against online fraud and theft that they provide for “real world” transactions.
The issues surrounding credit card fraud also hold true for the larger problem of identity theft. Namely, the risk of exposure is significantly less on the Web – most identity theft is traced back to paper mail, not some shadowy criminal somewhere in cyberspace hacking a database. In addition, the security of data transmission on the net is increasing every day.