Sign up to save your podcasts
Or
Share DP41 Better Ways to Keep Credit Cards Safe
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
DP41 Better Ways to Keep Credit Cards Safe
Even though our credit card information could be floating through cyberspace at the moment it doesn’t mean we should abandon all sense of security. We use credit cards a lot and they are a convenient tool for us to use.
As a result, it’s wise to at least take some measures to protect ourselves. After all, a thief can be demoralized or move on if it takes multiple steps to reach their end goal.
So what kind of measures can we take?
First, I’d recommend going back to basics. When you get a new credit card, ensure you sign your name on the back. Also make a point of keeping the PIN stored separate from your card.
Second, take extra steps to keep the account number private. Keep it hidden when purchasing goods in public. Never issue the information over the phone unless talking with a bank or a merchant you trust. Avoid handing the information out in an email. Even consider going digital with your credit card. Meaning paying balances online, and getting paperless statements.
Third, always keep information current. Whenever you move or make any sort of changes, notify your bank before the changes are made. Also follow up with the financial institutions you deal with to make sure information is accurate.
Fourth, have secure devices and networks. Never buy something while on public wifi. Make sure your computer has a firewall and ensure the software and operating system are up to date.
Fifth, have a solid password and keep it secret. Obviously these are for stores that require you to have an account in order to shop which should be the only stores you deal with.
Sixth, check your credit statement regularly. Whether online, over the phone, or through emails or text alerts, checking regularly to check for balances can help to find unusual activity.
And finally, if you do spot anything weird, never put it off. Call your credit card company immediately. This allows them to block your card and account number. The sooner you do it the better as you’ll often be let off the hook of paying back any of that money if you’re diligent about it.
View all episodes
By dpappEven though our credit card information could be floating through cyberspace at the moment it doesn’t mean we should abandon all sense of security. We use credit cards a lot and they are a convenient tool for us to use.
As a result, it’s wise to at least take some measures to protect ourselves. After all, a thief can be demoralized or move on if it takes multiple steps to reach their end goal.
So what kind of measures can we take?
First, I’d recommend going back to basics. When you get a new credit card, ensure you sign your name on the back. Also make a point of keeping the PIN stored separate from your card.
Second, take extra steps to keep the account number private. Keep it hidden when purchasing goods in public. Never issue the information over the phone unless talking with a bank or a merchant you trust. Avoid handing the information out in an email. Even consider going digital with your credit card. Meaning paying balances online, and getting paperless statements.
Third, always keep information current. Whenever you move or make any sort of changes, notify your bank before the changes are made. Also follow up with the financial institutions you deal with to make sure information is accurate.
Fourth, have secure devices and networks. Never buy something while on public wifi. Make sure your computer has a firewall and ensure the software and operating system are up to date.
Fifth, have a solid password and keep it secret. Obviously these are for stores that require you to have an account in order to shop which should be the only stores you deal with.
Sixth, check your credit statement regularly. Whether online, over the phone, or through emails or text alerts, checking regularly to check for balances can help to find unusual activity.
And finally, if you do spot anything weird, never put it off. Call your credit card company immediately. This allows them to block your card and account number. The sooner you do it the better as you’ll often be let off the hook of paying back any of that money if you’re diligent about it.