The best way to prevent credit card theft is to be aware at all times. Not only should you know where your credit card is located at all times, you should keep it in a safe place. In order to prevent credit card theft, you should be careful of who you give your information to.
You should never give your credit card information to someone you do not know or trust. You should shred your bank statements or important documents that have your credit card number on it. If you are using your card over the phone or online, you should always protect your card information.
Learn more about your credit card options with the credit card finder today!
Credit card information is also easily obtained at gas stations, restaurants, and even over-the-phone payments. To ensure your credit card is safe, you should frequently check your bank and credit card statements to make sure there are no mysterious transactions on them.
Is it easy to cancel a credit card?
If you would like to cancel their card in the event of loss or theft, it is as easy as picking up the phone and calling their credit card company. Many companies reply to a phone call by an automated message, however, the message typically includes a section for a lost or stolen credit card. Although it may take a week to receive a new credit card, it is better to be safe than sorry.
Some banks or companies may charge fees for what is being spent on a credit card or for a delinquent bank account. If you call the company as soon as possible, they may be sympathetic for the stolen card of the loss. Most companies and banks will allow you to go through with the replacement process without a fee. The longer you wait, the more likely your card is being used fraudulently.
It is important to get into the habit of checking online for a credit card balance and statement after a purchase is made. This way, if there is a transaction that is out of the ordinary, you will know that your card was misused.
Can a restaurant be responsible for credit card theft?
Yes. When going to a restaurant, you should be aware that they are exposing your information to a complete stranger. Although the restaurant puts trust in their employees to handle credit cards honestly, sometimes employees may not follow the rules. After purchasing a meal with a credit card, the owner should immediately check their bank statements when returning home.
You should only fill out the restaurant’s copy of the credit card slip. If you leave both signed slips on the table, either a customer or another employee in the restaurant could use that slip to their advantage. It is possible that an extra tip may be added to the slip by the server, or a check mix-up could take place as well.
Where are some other places to keep an eye on your credit card?
When using a credit card at a gas station, you should be aware that gas attendants could take advantage of their information. It is best to use cash in a situation that may seem risky. According to the Federal Trade Commission, it is important to compare all receipts to bank transactions to make sure that they match up correctly.
It is also important to read the fine print through online web sites for “free trials.” When shopping online for a new outfit, downloading a web program, or searching for an e-book, many scamming companies will ask for credit card information. They claim that they will not charge your credit card. Some companies will mention in fine print that if the free trial is not canceled in a certain time period, the credit card will be charged for the full amount.
This type of credit card fraud tends to sneak up on some people. Make sure all of the fine print is read before putting credit card information in online.
Use the credit card chaser to keep your card at arm’s length at all times.
- What should I do if someone steals my credit card information?
- How Can I Prevent Identity Theft?
- Lost Credit Cards
- How do online approval credit cards work?
- How can I protect credit cards from being scanned by thieves?
- How can you protect credit cards from illegal scams?
- Should I be concerned about credit card safety?