We all want to keep our credit card info out of the wrong hands, but sometimes we fail to take security precautions or, any precautions for that matter. Here are six easy steps you can take to help keep your credit cards information safe, and avoid the hassle of having to cancel your card and update all your recurring bill payments.
Sign Your Card
When you get your new credit card in the mail, it’s essential to sign the back of the card right away. By adding your signature, you are protected if someone manages to get a hold of your card. Hackers can easily forge your signature on to a lost or stolen card that you didn’t bother to sign. Don’t make it easy for him.
Don’t Make Transactions on Open Networks
Never enter your credit card number or, make purchase something on the internet when using unsecured public Wi-Fi. If there is no password required to access a Wi-Fi network, hackers can grab any unencrypted information that they want, including your name, address, phone number, and credit card number.
Set Up Alerts
Smartphone push notifications can often be activated and customized to notify you when your card has been used. Push notifications are an excellent way to stay one step ahead of credit card fraudsters. It might be annoying to receive a push notification for every transaction but, at least you will know immediately if someone else used your card. Safeguard Your Statements The credit card statements you receive in the mail each month may contain your credit card number and other personal information that could be used maliciously. To keep that information secure, consider opting into only receive electronic statements or, eStatements. eStatements usually require a username and password to view statements, which adds another layer of security.
Don’t Give Out Your Card Number
Hackers are smart. They often use search tools that scan for a string of digits that mocks a credit card number. Any time you write or, type your credit card number, you are putting your information at risk. Never give your credit card number to someone in an unsecured, unencrypted email, text or, phone call.
Report Lost or Stolen Cards Right Away
If you lose your credit card or suspect fraudulent activity, contact your bank or credit card issuer right away. Your card will be blocked immediately, preventing any further fraud. Remember, time is of the essence.