What You Can Do For Security 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 » What You Can Do For Security and Protection of Credit Cards

What You Can Do For Security and Protection of Credit Cards


Updated: December 25, 2012

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

One easy way you can get harassed and feel totally helpless is by being careless with handling your credit card. In such a situation people can totally fleece you of you money even before you realize and you have to bear all the charges for the carelessness! So what can you do for the security and protection of your credit cards?

Simple, just follow the basics rules:

Rule 1: Secure your Card Details

Some of us are gullible enough to give away credit card information over the phone. This is a very wrong practice since there are multiple risks involved. You may not know the person who is trying to use some advertising gimmick to make you part with the information. Another risk is that such information is almost always overheard and there are people out there who will take advantage of it which will land you in trouble. Never give any credit card information on the phone.

Rule 2: Safeguard the Card and PIN combination

Yes, this combination is what will fetch you the advantage of owning a credit card. You cannot simply flaunt your card off the cash counter to make purchases. This is proof enough that it would be sheer foolishness to keep card and the PIN at the same place. It is a clear invitation for people to take advantage of you. Use your memory for the PIN, to ensure security and protection of credit cards.

Rule 3: Remember to Sign on Your Card

Signature on the back of your card could save you in cases where your card is lost. This is the most ignored rule, I can say, as this is not mandatory. People are told time and again regarding how important it is, but some of us just think we are too careful to lose the card. It is not unless you lose your card that you realize how important it is to follow this rule for the security and protection of credit cards.

Rule 4: Collect Your Card After Use

Every time you use your card, take time to confirm that you have collected it back. This is specially the case in restaurants where we forget to collect the card after the billing.

The security and protection of credit cards is our responsibility. It is not very difficult if we decide to stick to the basics and use it wisely.

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:

Related Research:

Top 5 Secured Credit Cards: November 2020 – Experts’ Choice

Top 5 Secured Credit Cards: November 2020 – Experts’ Choice

Posted: June 22, 2020

The COVID-19 pandemic has made significant changes not only in people’s lives and their financial standing but also in the entire financial sector of the U.S. We have collected the best secured card offers from our partners so that you can… Continue reading

Top 5 Soft Pull Credit Cards: November 2020 – Experts’ Choice

Top 5 Soft Pull Credit Cards: November 2020 – Experts’ Choice

Posted: June 3, 2020

When applying for a credit card, you definitely don’t want your credit score to go down. Here, you will find the best credit cards with a soft pull from our partners. An application for such cards won’t make changes to your credit history… Continue reading

Top 5 Store Credit Cards: November 2020 – Experts’ Choice

Top 5 Store Credit Cards: November 2020 – Experts’ Choice

Posted: May 30, 2020

We evaluated store credit cards offered by our partners to find the best store credit cards. They are often loaded with perks that will allow you to save on purchases at your favorite retailer. Plus, many store credit cards are available… 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!