Credit Card

Today, Credit cards are increasing in popularity. But Credit card fraud can happen with anyone, anytime and anywhere. And, with growing technology sophistication, fraudsters have found several means to steal your money. The article suggests few simple tips to avoid being a victim of credit card fraud.

1. Avoid sharing credit card information over the phone as much as possible and do so only when you call up your credit card company. Never give out your credit card information or verify the details even when the person says he is calling from your bank.
2. Do not respond to any emails that ask you for your credit card information or suggest you to go to a website and provide your credit card details.
3. Always remember the PIN number on your credit card. Do not write it anywhere on the credit card or on paper.
4. If you prepare a list with your credit card account numbers, expiration dates and bank addresses, be sure to keep it in a secure place.
5. Check your credit card bills promptly to find out if there are any changes that you are unaware. Stays updated on the information and collect your receipts so that in can compare the deductions with the monthly bills.
6. If you find out any unnecessary charges added to your transaction, type a written application and forward it to your credit card issuer.
7. When you receive a new credit card, sign it immediately
8. Avoid writing any credit card information in the public place, as you never know who could steal your information
9. It is not necessary but if you can, have a separate credit card holder other than your wallet. You can even use a small pouch for that purpose.
10. At the time of address change, do not forget to inform your credit card issuer. Send a written application and verify whether the suggested changes have been incorporated or no.