Although credit card fraud is certainly on the rise and credit card fraud on the Internet is rising even more dramatically, many savvy Internet shoppers know the reality is it’s safer to enter your credit card number on a secure online order form than it is to give your credit card to a waiter at a restaurant.
We encourage you to take precautions when giving out any confidential information (including your credit card number) over the Internet, over the phone ... or anywhere else!
Fraud Prevention Tips:
1. Keep an eye on your credit card every time you use it, and make sure you get it back as quickly as possible.
2. Be cautious when using your credit card. Don’t give out your account number over the phone unless you initiate the call and you know the company is reputable. Legitimate companies don’t call you to ask for a credit card number over the phone.
3. Never respond to emails that request you provide your credit card info via email and don’t ever respond to emails that ask you to go to a website to verify personal (and credit card) information.
4. Always check and make sure you are using a secure site.
5. Keep a list in a secure place with all of your account numbers and expiration dates, as well as the phone number and address of each bank that has issued you a credit card. Keep this list updated each time you get a new credit card.
6. Shred all credit card applications you receive.
7. Don’t write your PIN on your credit card.
8. Never leave your credit cards or receipts lying around.
9. Shield your credit card number so others around you can’t copy or capture it on a cell phone or other camera.
This article was published in the Founders FCU's Transaction Newsletter (October 2009). Article source was Scambusters.org