Ways to ensure safety and protection of credit cards

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most 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

The content is accurate at the time of publication and is subject to change.

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.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
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:

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Posted: November 8, 2018

Thanksgiving is coming, and whether you are hosting a meal or coming as a guest, your spendings are going to accumulate faster than you can notice. A holiday feast is a costly matter – each year Americans spend around $50 on a Thanksgiving ... Continue reading
The Best Credit Card for Earning Cash: Discover it® Cash Back

The Best Credit Card for Earning Cash: Discover it® Cash Back

Posted: November 2, 2018

You’ll have hundreds of dollars in your pocket in no time because you’ll earn money back on every purchase you make with this card. There are no restrictions on the amount of cash back you can get, and Discover even matches every penny you ... Continue reading
Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Posted: October 10, 2018

Nights are drawing out, the wind is colder every day and you already feel the lightest breath of winter on your face - autumn is here. Holidays are over, kids are back to school and all you are left with are hefty holiday bills that you ... Continue reading
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!