How do you use your credit card securely?
Without a credit card you cannot imagine our everyday life. It greatly simplifies our lives, but it is a good idea to be careful when using it. In this article, we’ve collected how to use your credit card securely. Be careful with your credit card because its benefits can be a disadvantage as you always have the money on it, which can motivate you to make purchases. So you might be buying things you didn’t plan on. Since the only free credit card transaction is the purchase, this is the best thing to do. This can also be a good way to keep less cash with you.
Things to watch out for
If you have received your credit card, make sure it is in your name and sign it immediately . Signature can play an important role in any misuse.
If you pay by credit card or withdraw cash, you will need a 4-digit secret personal identification number ( PIN) . You will receive your PIN in a separate letter, not on the card. You should not divulge your secret PIN to anyone else for your own benefit. What’s more important is not to write it down on the card or store it in one place. Remember, if possible, to be the safest.
When paying with a credit card, make sure that the card is not out of sight and that the card details may be copied. The card should preferably be read at a terminal. Always check the total amount of your purchase, and keep the invoice and receipt of your money until your next bank statement is received, and compare it with your bank statement.
Pay more attention to the card in locations where there is a greater likelihood of abuse and manipulation, such as night clubs.
When making a payment, they may also ask for your ID card so you are not afraid, this is for your safety, so the point of acceptance will check that the card is being used by its rightful owner.
Do not lend your card to anyone.
Carefully place your card after payment. After withdrawing money from an ATM, do not forget your card at the ATM.
If you are unable to pay with your card, do not leave your card in the store for payment. It’s a good idea to set a daily limit on your card for possible abuse.
There is a magnetic strip on the back of your credit card that contains important information. It is very sensitive to strong electrical, magnetic, and heat effects, so keep your card away from TV, radio, speakers, magnetic keys, magnetic bags and checkout counters, and protect it from strong heat and sunlight.
Always check your account statements carefully and report any debits to your account that you did not make immediately.
Never leave your credit card in a car or in an unattended public place.
If you have more than one credit card, keep only the one you use every day. If you have a credit card that has a larger amount and is not using it, you may want to keep it in a safe place, but it will immediately disappear.
When you shop online with your credit card, only pay with it on a website that looks trustworthy. When ordering over the phone or online, be careful when making your purchase as your card details may be misused. You can never ask for your PIN when shopping online, so never enter it.