Credit cards are an irreplaceable tool for both online and offline transactions that have gone mainstream over the last few decades. But every technology comes with its risks, and users must learn how to protect themselves from fraud when they are shopping. Here are some methods you can use to ensure the safety of your credit card.
Be careful where you use your card:
Shady websites that attempt phishing are plentiful on the internet, but that’s not all. There are also websites with familiar names posing as well-known trusted websites. Always double-check the URL of the website you’re visiting before entering any credit card information. Also, make sure that your connection to the website is secure by checking for the lock icon beside the address bar and that the URL is ‘https,’ where the’s’ stands for secure.
Protect your computer against malware and viruses:
If your computer is vulnerable to viruses, it can be more easily infiltrated by malicious software that can steal your personal information and credit card details. You can protect your computer by using an antivirus program and always keep it up to date.
Report to your bank:
Inform your bank immediately about lost credit cards so that they can be deactivated and report any suspected credit card fraud as soon as possible. The sooner you report to your bank, the less damage the thieves will be able to do.
Also, don’t forget to tell your bank if you move or your address changes so that your statements don’t end up in someone else’s hands.
Never save your credit card information:
Always type in your credit card information and do not let any website save it. Even if you fully trust said website, your data could be made vulnerable if that website ever faces a data breach in the future. It’s better to stay safe than to risk it.
Keep your passwords and your pin secure:
This is more of a general internet security tip, but it is invaluable. A secure password is a long password that has a mix of uppercase and lowercase letters, numbers, and symbols.
It is also important to never reuse passwords because several of your accounts can be at risk if a data breach were to occur on one of the websites where you used that same password, hackers often try breached passwords on many other websites. Avoid using your birthday or part of your social security number on your pin. Keep it unique and hard to guess.
Here are some extra positive habits that could one day save your credit card:
-Don’t use a public computer or public wi-fi network for online transactions.
-Check your account balance often, use your bank’s mobile app or website.
-Compare your receipts and account transaction history for any mismatching numbers, which could signify fraud.
-Don’t store your pin and credit card in the same place, in case someone pickpockets you or steals your wallet or bag.