This may happen to you. You end up on a nice day with an abnormally high account statement. You notice all kinds of expenses of which you do not know the source.
It is obvious that the date on your card has been stolen or that someone has abused it without your knowledge. But how to avoid this kind of situation? Here are seven tips to prevent credit card fraud.
Know where your card is
Whether in your wallet, at home, in the closet, or in the office, make sure you always know where she is, and be the only one to know this information. In addition, keep your card in a safe place. You do not need a multi-padlock locker, but make sure a place that others can not easily suspect or reach.
Moreover, when you go out with your credit card in your pocket, it is wise not to put it in your wallet. This is to avoid a credit card fraud if you steal it.
Then when you go to a bar or restaurant and want to pay with your card, be careful to always have it in sight. Follow the server to the counter to make sure of the way the payment is made.
Leave it at home when you don’t need it
When you know that your card will not be used to you, leave it at home, safely, where it can not be stolen. When you are on vacation, during a day at the beach, prefer the cash to your credit card. Smooth it in the safe of your hotel room. Why? Because the risk of being stolen from your credit card is high. And when that happens, then the vicissitudes begin. In fact, you have to go to the gendarmerie or the police to explain the situation, which is far from being an easy task when you are in a country where you do not speak the language. In the meantime, the thief will have had time to make purchases on your account.
Choose a PIN that is difficult to guess
When using a credit card, it is important that you have a strong PIN. Clearly avoid simple codes such as “0000” or “1234”. Likewise, a PIN code consisting of your year of birth digits or your postal code will be easy to guess. Be original and think of a hard-to-find password.
When making a payment at a hotel or store, always prefer to use your PIN instead of giving your card number. If this is not possible, then do not lose sight of the person who will make the transaction (probably the employee at the cash desk).
For online transactions, you can use the Verified by Visa / MasterCard payment, at least if the merchant allows it. This is a password that is associated with your credit card date (card number, expiry date and CVC code). The latter adds a layer of protection for online purchase. Here too, be sure to choose a strong password. This can be made up of numbers, letters (lowercase and uppercase) as well as symbols. A combination of these elements typically does not have a strong password. This code can only be used for Visa or MasterCard.
For some online transactions, you will be asked to confirm your payment through your online banking system. This also provides additional protection against fraud.
If you are a customer of Beobank, you can also validate a payment for a purchase by SMS with a unique password to communicate.
Keep the data secret
There may be fraud as soon as a malicious person is in possession of the data of your card. Indeed, most transactions (online) only require the name, number, expiry date and the cryptogram (CVC) of the card. Moreover, it is not uncommon to see many pirate sites sell the same bank data. Therefore, make sure no one other than you owns this data.
Also be wary of emails or suspicious calls that you may receive, asking for your credit card details. These are often the work of hackers who perform phishing techniques, the purpose of which is to recover data from Internet users by usurping identity, including that of banks. Fraudsters can seem very persuasive, especially if they intend to be your banker. Never share your credit card details, let alone if you are promised compensation.
Check your account regularly
Check your credit card statement regularly (online) to make sure, in real time, that all your transactions are there and there is no suspicious movement. If you notice suspicious transactions, do not hesitate to contact the issuer of your credit card. The latter, can block it in case of suspicion of credit card fraud.