How to avoid credit card theft for dummies
The credit card thefts are as old as credit cards themselves. In USA, there are frequent credit card frauds and thefts alike. Most of the cases can be prevented easily, if well prepared. But, you can make credit card thievery a very tough and ardent task for the credit card thieves by keeping them close to your chest. Also, research the seller and the website before you actually buy visit the website.
In this article, we will be outlining some great and phenomenal tricks for preventing credit card thefts. Follow them religiously and think like a criminal.
1: A new mindset
Give the private banking information on a need to know basis. The credit card companies will never call you for information about your daddy or mommy. Neither will they ever email you asking about sensitive information. Never ever give the credit card number by email address. Most of the time, the scammers say that you have a won a prize for a million dollars and your credit card number is needed for transacting the amount. These phony websites look like retailer’s real website.
2: Travel precautions
When you are leaving the country for good, then take just one credit card and leave others at home. This has been suggested by bank rate.com. Do make a copy of the credit card just in case you need to call in the bank. Also, leave a copy of the credit card with a person, you trust at home. Make a digital copy of the credit card. While you are away, ask your pal to take the mail for you. Do not talk in a public area, when the topic is account information.
3: The internet factor
You should be well aware about which website is legitimate and reputed. Check out for customer reviews about the website with Better Business Bureau. If there is a padlock on the website, then it means that encrypts the information.
Also, check out the review software used by that company, as the padlock sign does not always mean that it is foolproof. Call the seller’s number to make sure that the company exists on paper. Also, check out if the actual address exists or not.
4: The bank statements
The important point is to check out, if there are fraudulent accounts in your name. This can be seen from the credit card statement. Check if only one account exists. Also, if you don’t receive the monthly credit card statements, then call the credit card company. The credit card thief may have shifted the credit card statement to a new address. Request the past account statements and warn the company about theft.
5: Information burnout
Burn all the information that you may have. Do not throw them in the dustbin. Also, check out the credit card reports for fraudulent accounts, which do not exist within your knowledge. Also, keep a copy of the bank statements and checks for the last year. These items are needed later.