Credit Card Fraud - 10 Tips to Stay Safe

There are some things in life we can at times besuspicious do not use it but instead report it
completely helpless to stop. Unfortunately becomingimmediately. Small cameras attached above to read
the victim of credit card fraud is very often an eventyour PIN or skimmers attached to the insertion area
that falls into this category. All you can do is take asare two such devices to keep an eye open for.
many precautions as possible to help avoid an6. When handing your card over the counter in a shop
unpleasant shock when reading your mail one morningto make a purchase be very aware of what the
or logging on to your internet banking service.assistant is doing with your card. All it takes is one
Worryingly credit card fraud is becoming a growingquick swipe in his machine under the desk for all your
problem and accounts for £1million per day in thedetails to be no longer just yours.
UK alone. So, what steps can you take to avoid7. If you have to give out your card information over
becoming part of statistics like this? I've outlined 10the phone only do it with reputable companies and
helpful hints for you:certainly only when it is you who started the call.
1. Although with the advent of chip & pin this is8. You should know at all times where your credit card
becoming less important, you must sign new cards asis. Mine is always in my wallet and if it isn't there I know
soon as you receive them.there is something wrong. Credit cards are not large
2. Shred your old cards. A card you never use is oneobjects and coupled with the amount of times we use
that is easy to lose and forget about and it's thereforethem in our daily lives, they can be lost very easily.
very important to destroy these cards.Contact your issuer immediately to get the card
3. Never send your credit card details in an email. Evenblocked. If you don't and the criminal goes on a
if you are just sending them to a friend, imagine howshopping spree then your lack of action could
many wrong hands those details could be into withinpotentially harm your protection against having to foot
minutes if someone intercepts the email. You will neverthe bill.
receive an email from your bank or an e-commerce9. Going on holiday is a time when you are likely to be
company such as Amazon asking you to confirm yourusing your card a lot and is also a time you would least
bank details. The 'from' field in an email is extremelywant the hassle associated with having your card
easy to forge so even if it appears to be Amazonstolen. You should therefore wear a money belt
who sent it, its from a thief using a dangerousespecially when travelling in countries you are unfamiliar
technique known as 'phishing'.with.
4. Likewise never fax or send a letter with your details10. Go through your statement with a fine tooth and
on them. The only place where your numbers shouldcomb every month and reconcile every transaction
be permanently visible is on the card itself. So destroywith the receipt. Thieves could be stealthily using your
or carefully file away any statements you receive.credit card details without you noticing as opposed to
You wouldn't give anyone on the street your bankquickly maxing out the card which would bring it
statement so don't leave it intact in your garbage forimmediately to your attention.
anyone on the street to find.Like any crime, credit card fraud will never go away
5. Be extremely wary of random strangers talking tobut if you follow some of these tips then you can at
you or trying to distract you while using an ATMleast reduce the likelihood of falling victim to it.
machine. Also if anything about the machine looks