subject: How To Prevent Credit Card Fraud? [print this page] Nowadays, a number of credit card holders are facing the problems of credit card fraud since online scammers have a number of ways with the help of which they steal and misuse such information. Now I am going to describe different ways of preventing credit card fraud. So continue reading and know how to stop credit card fraud online.
Don't Share your credit Card details: It is strongly advised that you never share your credit card information such as number and PIN with your acquaintances, family members and other people.
Keep Your Card at Safe Place: Always keep you card in lock and key. Some people have to keep the card with them at office and while they travel so it is suggested that you keep it in the safe pocket of your bag and shirt.
Shred Your Old Docs: Another method of preventing credit card fraud is to properly shredding the documents such as bank credit card statements, credit card application, billing docs, etc. The reason is that if you throw it without shredding then any person can get your confidential details from such documents and thereby he finds it easy to exploit such details.
Daily Checking of Statements: Another method which lets you to prevent credit card fraud is the daily checking of your bank statements. When you use this way then you are able to identify any kind of fraudulent transaction. After identification you can also get a chance to solve this issue.
Call Your Bank Service Center When your Card is Lost/ Stolen: you should save your bank service center number in your cell phone so that you can immediately deactivate your credit card if it has lost or stolen.
Don't Lend Your Card: Some people lend their credit cards to their friend which is not the right approach. You should never lend your card if you want to avoid credit card fraud.
Don't Disclose Credit Card info Over Phone: It happens sometimes that you receive a call from a merchant in which he asks your credit card details. It is advised that you never provide these details over the phone unless you have surety about merchant's identity.
Avoid Phishing and SMSishing: Sometimes you receive a text message or email in which you are being asked to confirm your credit card number and password. You should never provide the details since these are new methods of online scam.
Get Help From Identity Theft Protection Experts: Today, you are able to get help from Identity theft protection experts who are specialized in preventing credit card fraud situations. Of course, you need to bear a cost for getting their services. These experts come with a combination of preventive and reactive tools such as credit freezes, fraud alerts and many more. With the mean of these tools they can easily prevent credit card fraud.
Go for Fraud Alert Service: Some banks and financial institutions offer you fraud alert service. Actually service provider warns you whenever he notices any fishy activity in your account.
I am sure that now you have learnt how to prevent Credit card fraud online. Now it is time to apply these methods and keep your credit card safe and secure.
