Related Credit Card Article

"Don’t be slack about credit card security"

By admin | August 27th, 2008 | Credit Cards, Featured

As most of us have heard the level of plastic card crime has been soaring over recent years, and those of us lucky enough to have avoided becoming victims of this type of crime have most likely been unable to avoid hearing about it. Credit and debit card fraudsters have started to use increasingly sophisticated and convincing methods to try and obtain account information from accountholders, and it has become more important than ever for consumers to protect their account details as much as possible in order to avoid becoming a victim of credit card fraud.

There are many different ways in which fraudsters can get your credit card account details and use them to their own advantage. This is why cardholder should take every precaution to protect their card details. There are a number of steps that can be taken to protect your credit card account details from those that could use them against you, and by exercising these simple steps you could save yourself a lot of grief, hassle, time, stress, and even money in the future.

One of the ways in which fraudsters obtain credit card details from cardholders is through a scam known as phishing, where they send an email that appears to be from your bank asking you to confirm some account details or link to a website and confirm your details. This is something that you should never do – in fact, you should never link to your bank website through an email link, is this is likely to be a scam. Banks will not email you asking you to confirm any details, and if you have any doubts you should contact the bank before you do anything.

If you use a shared computer you should make sure that you do not save any passwords and account details, as these could then provide others with access to your account, and they could quickly use your details to obtain money or make purchases through Card Not Present transactions, such as those made online. It is also important that you do not give your card details out on the phone to any person or company unless you have initiated the call yourself. Some fraudsters phone up posing as someone from a company or agency, and obtain card details this way. Likewise, if someone comes to your door asking for credit card details you should not give them out. In one scam some fraudsters visited the homes of vulnerable people and claimed to be from a government agency that was investigating credit card fraud, and some people still gave them their card numbers!

If you are giving out your card details on the phone in a call that you initiated then make sure that there are no prying eyes and listening ears around, as people can quickly pick up on key account details from the conversations that you have, even though they may not appear to be listening. Finally, when it comes to your credit card statements always make sure that they are kept somewhere safe and shredded when you have finished with them. Many a person has found themselves a victim of fraud after someone has found valuable account information lying around in rubbish bags outside.

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Tags: credit card security

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