Knowing How to Swipe Off with Security
Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Guides » Cardholder Benefits » Knowing How to Swipe Off with Security

Knowing How to Swipe Off with Security

Updated: December 25, 2012

Add to Favorites:

Buying through cash is definite. You are assured that you give the exact amount without even having to worry if there is an instance that a prying identity thief was able to copy your credit card information. Once you eat in a restaurant and hand over your credit card, there is no assurance that the waitress did not, in any way, capture your card details. On the other hand, if you are buying in the malls and the swiping is done, there are possibilities that hackers will get in between the mall computer and the bank computer and be able to grab what he wants from you illegally.

The problem with security and protection has alarmed banks and other financial institutions. Each day, more and more cases of identity theft are being reported and put on police record. The crime has changed the lives of millions of individuals all around the world especially in the United States where global economic crisis is very evident. For the crime victims, there is no other hope but to stand once more and build another hope for their financial condition. For current credit card users, there are a lot of options which they can do in order to secure their cards.

Reviewing your own credit report will allow you to check on questionable items which are usually transactions which you are not aware of. Through browsing on the reports, you could see what activities are being done to your account. You could trace the merchant and the date of transaction. In this case, you can always impose interventions to protect your name. You can call your credit card issuer and request for a hold of your card while things are being ironed out by the credit bureaus. You can also personally talk to the merchant to get specific of the questionable transaction.

Once you feel that your account has been breached by other people, you can report the incident to the police other than the credit card issuer and the three reporting agencies. Frozen accounts will prevent the identity thief from making any further damage to your financial condition. Certain actions from online merchants have already been done for protection by requiring a shipping address that matches the credit card billing address. This has been found useful as any purchases will be sent only to the card owner¡¯s address and not to the address provided by the thief.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Cardholder Benefits Research:

Related Research:

How to Get Free Wi-Fi in the Air

By Herbert Moore, Posted: September 28, 2016

Sometimes in-flight Wi-Fi is the bare necessity when you travel abroad or within the country. However not all airlines offer free in-flight Wi-Fi. There is only a couple of airlines that will allow you to use Wi-Fi ... Continue reading

Amazon Credit Cards Review

By Allison Martin, Posted: May 30, 2016

When was launched 20 years ago, few could have envisioned how far the company would come. What was once an online specialty bookstore is now an Internet juggernaut that sells nearly anything and has made major inroads into ... Continue reading

How Much Do Shell Cards Really Save on Gas?

By Allison Martin, Posted: April 20, 2016

There is an endless amount of gas cards on the market, and practically every major gas station, including Shell, has options to choose from. In fact, Shell offers two options for gas cards for consumers. Continue reading