7 Tips To Protect Your Credit Card Accounts
The best protections against card fraud, of course, are to know where your cards are at all times and to keep them secure.
The following suggestions can help you protect your credit card accounts:
1. Sign your card — as soon as you receive it! Always keep in a safe place a record of your card numbers, expiration dates, and the telephone numbers of each credit-card company for the emergency of reporting losses.
2. Never give your credit card number over the telephone unless you initiated the call.
3. Never put your account number on the outside of an envelope or on a postcard.
4. Draw a line through blank spaces on charge slips above the total so the amount cannot be changed.
5. Don’t leave your PIN and account number from a discarded receipt could make you vulnerable to credit card fraud.
6. Don’t throw out your credit card statement, receipts or carbons without first shredding them!
7. Rip up carbons from the charge slip and save your receipts to check against your monthly billing statements.
If there are any mistakes or differences, report them as soon as possible to the special address listed on the billing statement for “billing inquiries.” Under the Fair Credit Billing Act (FCBA), the card issuer must investigate billing errors if you report them within 60 days of the date your card issuer mailed you the statement.
Many people who have credit cards ( http://www.better-credit.com )are afraid of card fraud. And it is not without reason, as more and more people suffer from identity theft. I hope your tips can help people to protect their card accounts.
Comment by Alex — December 7, 2007 @ 2:00 am