Friday, April 10, 2009

Protecting your credit card

With online shopping becoming more and more common, people are also more conscious of the possibility of credit card fraud. There are some simple ways to protect your credit card while shopping either online or in person. Here are some quick tips: Always shop on a reputable site. When purchasing an item online always check the lower left hand corner of the screen where you would be inserting your credit card number to make sure that there is a padlocked icon. This icon indicates that your information will be scrambled before transmitting. Always print out the confirmation sheet of your transaction. This will serve as your receipt. If you do not own a printer then make sure to save it on your hard drive. Always read the security and privacy sections of the site where you plan to purchase something before you make a purchase. Never under any circumstances should you ever send your credit card number to anyone by email. If you think your credit card has been compromised you should report it to your credit card company immediately. Other ways of protecting your credit cards include: Always keeping a list of all your credit cards along with their numbers in a safe place at home. Be sure to shred all your old account statements and receipts before putting them in the trash. Cut up old credit cards as soon as you receive a replacement. Never give your credit card number to anyone over the phone. Sign your name on replacement cards as soon as you get them. Never divulge your personal information to anyone. Do not use your credit card number as a means of identification, use a driver’s license. You should report any billing errors or lost or stolen cards as soon as the discovery is made. By following these simple and common sense guidelines, you will be able to protect your credit card from fraud.

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