Usage of credit cards is increasing day by day and so is increasing the fraudulent acts with its usage. Credit cards although provide you with the convenience of your using money, also carries risk of theft and other frauds. Below mentioned are some tips by which you can avoid inappropriate use of your credit card, hope you find it useful.
- Immediately sign your credit card with ink as your receive it.
- Try to carry more than two credit cards at a time, in case you need to; place them at different location within your luggage or pockets.
- Immediately report the loss of credit card to the credit card lender.
- Ensure that you have copy of your credit card and the toll free number of your credit card bank to contact them immediately in case of credit card theft or any other misuse.
- Avoid giving your credit card number on phone and make sure that you get your credit card after your bill is paid and credit card swiped.
- Be safe while you make online purchases using your credit card; ensure that the doorway is safe and reliable.
- Check your monthly credit card statement regularly and meticulously. Shred them carefully after the payment is made and you are sure that you do not need them in future.
- Cut your credit card into several pieces after you have closed account with the respective bank.
Just by being little vigilant, you can avoid any fraudulent act and the consequent loss of your credit card services.
Tags: credit card, credit card fraud, Credit Cards, Finance
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May 4th, 2010 at 2:29 pm
I must say that these are some helpful tips. I had a situation in which in had to freeze my account and cut the the cards because my credit card information was compromised.
October 1st, 2010 at 12:51 pm
Well everyone is feeling same as alex this tips would defiantly helps a lot well i have watch on TV that how one can your credit duplication when you give your CC for payment.
Stuart