With the plethora of e-commerce sites, our lives have never been easier and, at the same time, more prone to risks of theft and security breaches.
It is certainly given that perhaps we can’t control all the risks there is and be risk proof! But what is possible is to exercise some caution and care to decrease the probability of any such mishaps by a substantial magnitude.
Safekeeping our credit cards requires us to follow certain simple but crucial steps that we will talk about here. By following our list of Credit card safety tips you can help keep your accounts ‘safe’ and credit cards ‘secure’.
- Keep your PIN safe
In order to ensure the safety of your credit card, make sure to change your credit card PIN regularly. Also, you need to keep all your credit card related PINs and passwords strong so that no one can guess them easily. Make sure that you don’t share your credit card PIN with anyone.
- Take Notifications Seriously!
Most people often ignore the SMS & emails they receive from their card issuer after a transaction. But, you should check Credit card-related alerts on your mobile and email regularly to ensure that the right amount has been deducted. Keep your eye on monthly transactions & Bank Statements to keep track of your credit card spending and compare them periodically for any suspicious transactions.
- Use secure websites & Applications
Never add your credit card details without ensuring that it is an authentic website. You can install any software to check if the website is authentic. Or you can also check the same by looking at the website’s url as the url of an authentic website always starts with https://. Anything like http:// in the url will be unsafe.
- Don’t Fall Prey to False-Con-Links.
You might have received unknown links several times via text messages, emails, etc. But, all these may be traps by fraudsters to steal your identity and personal information. So, do not click on such suspicious links ever. Also, don’t fall for fraud lottery calls asking for your card information, OTP, CVV, etc, not even if someone pretends to be from your bank.
- What to do if your card is stolen or lost?
If your credit card is lost, you need not to panic, but call your credit card issuer as soon as possible to get your credit card blocked. Explain them when and how did you lose your card and proceed further. You can also block it on your own via internet banking. Make sure to do it fast so that no one can misuse your card.
- Exercise Online Safety.
It is never a good idea to save your personal and financial information on any random website. You should instead prefer entering your credit card details manually and don’t save it on the app/website. Moreover, if you have registered your card for internet banking, make sure to keep your password strong that no one can guess easily.
Now, one last thing to mention here is that it is very crucial to take care of your credit card safety from Day 1. The steps and measures mentioned are simple to follow, they might take a minute or two of yours but can surely prevent you from losing big chunks of your hard-earned money. Stay Safe!
