Tips for Protecting Your Credit Cards against Fraud

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  • August 10, 2017
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Cases of credit card fraud are on the increase today. Credit card issuers are making serious effort to offer protection against fraudsters but they have not achieved 100% result. However, if you are using a credit card, there are certain steps you should take to frustrate the effort of these credit card fraudsters. Many credit card frauds occur because users are not careful with the security. Here are some tips to apply to protect yourself against credit card fraud.

  • Take time to read about credit card fraud and various ways it can happen. Many people do not believe that credit card fraud is real. Reading about it will help them to know that it is real and this will help them to be more careful in handling their cards.
  • Don’t give your account information to a person or site that you are not sure of their reputation.
  • Don’t keep your credit cards in your wallet which is the main target of pickpockets.
  • Ensure that you take your card back after transaction.
  • Keep a record of your receipts and always compare with your statement.
  • Know your credit card details and account off by head or write them down somewhere. In event of theft, you will be able to provide useful information to soldiers. But don’t write your credit card details on where it will be seen like outside of an envelope.
  • Report any charges or transaction not approved by you.
  • Inform your card issuers of changes in address.
  • If you are traveling, let your card issuer know about it.