Precautionary Measures for Credit Card Users
October 25, 2008
Credit card is widely used today. But its careless use could cause you financial loss. Below are few precautionary measures which can be taken while using credit card.
Credit card holders must give their phone to the company for verification of suspicious transactions.
Credit cards frauds have a limited liability while debit cards could cause minimum loss.
If you get a phone call or an email seeking details of your account, be careful
The bank should be immediately notified if a monthly statement doesn’t arrive on time.
All credit cards statements should be shredded after checking the transactions.
While traveling, be careful about using credit cards at internet cafes or anywhere with a wireless connection.
Never give out photo-copies of both sides of a credit card to anyone. The last 3 digit of the account number printed at the back is required for any online purchase.
Genuine websites use encryption technologies. Any website using encryption will have https instead of http.
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[…] Precautionary Measures for Credit Card Users Credit card is widely used today. But its careless use could cause you financial loss. Below are few precautionary measures which can be taken while using credit card. Credit card holders must give their phone to the company for … […]
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[…] Precautionary Measures for Credit Card Users All credit cards statements should be shredded after checking the transactions. While traveling, be careful about using credit cards at internet cafes or anywhere with a wireless connection. Never give out photo-copies of both sides of … […]