NEWS & ADVICE : CREDIT CARDS
Handle your credit card with Care
By Ankit Sharma
Print    Email    RSS   

Credit Card Cloning

People often worry about online credit card security, however at places like restaurants and cafes your card security is in question. Credit cards can be duplicated in only few seconds. This credit card duplication is known as 'skimming', and it takes all your credit card details allowing another one to be created and used at leisure. Therefore it is always better to watch your card being swiped. Also notice that the person swiping your card does not swipe it multiple times. These are some innovative methods that are making credit card frauds bigger and worse.

ATM cautions

You should always ensure that you are alone when you are entering your PIN in an ATM transaction. Further if by chance your card is retained by the ATM machine, inform the card issuer immediately.

International usage of Credit Card

When going on holiday, or planning to spend a large amount, it is worth informing your credit card company about the future 'unusual' spending on your credit card. Or else the credit card companies own security measures may flag up some security warnings and block any transactions from your card. This might leave you in an embarrassing situation.

Destroy Old Cards

It is always better to destroy your cards fully once they expire.

Although the above mentioned safety tips are quite common yet you would be surprised to see how many people fail to follow even one of them.

Ultimately keeping you card safe is your responsibility.


Page    | 123 |
(Comments Posted : 1) Post Your Comments
1. Fraud crimes will be a thing of past if banks make signature and PIN systems reliable as proposed on website www.xwave.co.uk

Government and banks should exploit proposed fraud deterring system before it is too late to stop a fraud boom.
Yogesh Raja (Posted: Oct 22, 2008)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Some Facts About Zero Interest Credit...
A chronicle of excesses by loan recovery...
Hit by the slowdown? Manage your Credit Card!
Rupeetimes guide to different types of...
Factors affecting car insurance premium


I WANT ADAR CARD NUMBER BY THIS ACCOUNT HOLDER...
I WANT CHECK MY BANK BAL ACCOUNT NUM 62190560700
1879
Please give my the status civil report against my...
50101387219 this account balance
04301050004772 this account balance

NEWS THIS WEEK
Hike in E-banking complaints Aug 28, 2014
Exciting festive offers by the banks Aug 26, 2014
Customer can get ATM transaction details in local languages soon Aug 22, 2014
Easy shopping for Debit card users: ICICI bank Aug 20, 2014
Forex Plus Card for Haj and Umrah pilgrimages – HDFC bank Aug 19, 2014
News Archive