Ways to ensure safety and protection of credit cards

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com 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. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Cardholder Benefits » Ways to ensure safety and protection of credit cards

Ways to ensure safety and protection of credit cards


Updated: December 25, 2012

Add to Favorites:

Credit cards are an integral part of our lives and all of us own one or more cards. When you own a credit card you must also ensure that you use it responsibly. We are not talking about using it responsibly only in terms of staying within your credit limit and paying your bills on time. What we are referring to is to be careful with your card and ensure the safety of your card as well as your transactions.

The security and protection of your credit card is very important in this day and age. There are a number of credit card related scams that happen on a daily basis. Cyber thieves are always on the lookout for ways and means to access your card information. There are two components in this whole issue of safety and protection. Firstly, the card may be physically stolen and misused and the secondly, cyber thieves may access your card information and misuse it at a later stage. Hence it is important that you get into the habit of staying safe by doing the right things.

There are companies such as MasterCard and Visa that offer 24 X 7 monitoring of the expenses on your card. If you opt for this facility on your card you can ensure that there will be no fraud expenses on your card. For instance, if you are always used to filling gas at a particular gas station, the monitoring service will send you an alert and inform you the minute your card is swiped at some other gas station other than your regular one. This may come in handy in most situations, especially if your card has been stolen.

In case of loss of card, you must intimate the card company immediately and they will be able to give you a replacement. If you lose your wallet or in case your card is stolen while you are on a holiday, then inform the customer service through any of the hotline numbers as soon as possible. The card will be blocked immediately to ensure that the card is not misused.

Ensure that you maintain confidentiality and don’t give the PIN number to anyone. Fraudsters may try to get such information and mislead you into given out such details.

Always check your monthly bills and never pay them blindly. If there are some disputable charges you have liability insurance and you can deny these charges on your card.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products’ Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

How to Subdue Wedding Expenses and Earn up to $1,000 for Honeymoon

How to Subdue Wedding Expenses and Earn up to $1,000 for Honeymoon

Posted: June 21, 2017

Whether you are married or not, we all agree that marriage is incredibly important for a person. It signifies the beginning of two people as a team, as a family, of a long commitment. It is a newly born union and the sign of your choice, ... Continue reading
How to Save Money. Best Credit Card Deals and Tips.

How to Save Money. Best Credit Card Deals and Tips.

Posted: June 20, 2017

We all've been through or may find ourselves in such an emergency when money is needed immediately. Lucky you are if you have savings for unexpected expenses. If not, it's never too late to start saving money. There are different ways to ... Continue reading
How the Fed Rate Rise Impacts Credit Cards

How the Fed Rate Rise Impacts Credit Cards

Posted: June 20, 2017

Recently, the Federal Reserve hiked its benchmark rate by a quarter percentage point, as a result, you could see a rise of the interest rates on your credit cards by 0.25%. That was the first hike of the key rate in 2017 and the Fed ... Continue reading