Twelve Tips to keep your Credit Card safe

We all use Credit card some where. Buying Movie tickets, paying phone bills or hotel bills. Its fun to carry no cash but at the same time you need to safe guard it because its Credit, money which you dont have but you spend and if you dont keep it safe somebody else might spend it for him or herself.   

Credit card safety
Credit card safety

Here are some Tips for you to keep your Credit Card safe from any kind of internet theft or any third party fraud. 

  1. Guard your card. Avoid losing them out of your sight when making a transaction.
  2. Sign any new cards as soon as they arrive. Ensure that you cut & destroy the old cards as soon as the new ones become valid.
  3. Carefully discard receipts/charge slips from card transactions – shred them if possible to prevent fraudsters from acquiring information about you and your cards.
  4. Check your receipts/charge slips against your monthly statements carefully. If you find an unfamiliar transaction contact BBP (Bank by Phone) immediately.
  5. Don’t leave cards unattended in a bag, briefcase or jacket pocket in a public place and keep your bag or briefcase on your lap.
  6. Report loss of card to the bank immediately. Please ensure you have the local BBP number noted with you at all times so that you can contact them immediately during such emergencies
  7. Always keep your bag and other personal belongings locked in a cupboard or drawer, be it at office or home.
  8. Never write down your ATM Personal Identification Number (PIN), especially on the card nor keep the same in your wallet. Try to memorize it instead.
  9. When using an ATM, be wary of anyone who might be trying to watch you enter your PIN and do not allow yourself to be distracted by anyone trying to talk to you.
  10. Please do not give your card or PIN to any person claiming to be from the bank or any another agency even if he produces an ID card. In case the card is to be handed over to an authorized Bank personnel make sure the card is cut into pieces & BBP is informed to block the card before the hand over.
  11. Don’t share personal information unless you are entirely confident about the person/ company you are dealing with. Be particularly cautious if you are cold-called by someone claiming to be from a bank or the police. If in doubt, ask for proof of identity or call up the BBP services.
  12. Change passwords whenever the password is been disclosed by any chance to anybody.

Remember, you are solely responsible for any kind of transaction which happens through your credit card. So be alert, cautious and careful because “Precaution is better than Prevention” and I’m sure you too believe the same.Keep swiping!!

About Nidhi Paul

Who wants to bring Indian culture, Food, and her thoughts together to give the best India has and what we can learn from Indians and Indian aspects.