As credit card fraud continues to impact people year over year, it’s important to keep your cards and information as secure as possible.
Fortunately, there are some very simple and easy things you can do to keep your cards, physically and virtually, out of thieves’ hands.
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Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.
Of the types of identity theft out there, credit card fraud comes in at #2 on the list of most common types of identity theft just below government docs and benefits fraud (according to a 2021 FTC survey).
Card fraud can happen to anyone using their cards physically in-store or virtually online.
May steps have been taken to make physical card transactions more secure like EMV chips and contactless card functions which shelter your transaction behind layers of encryption and security.
But, even with those new technologies, thieves still find ways to try to steal your info. Things like card skimmers at gas stations or RFID scanners can still be used by thieves when you’re out in public.
Using your card online can be even trickier, because you could accidentally use your card on a fake website, or your info may get picked up in a data breach and sold on the dark net for someone else to use.
Luckily, the growing awareness of credit card theft has led to many actions and tools you can use to keep your cards as secure as possible.
Here are 6 things you can do to heighten card security.
When it comes to your credit cards, you want to make sure they are as protected as they can be. With all the ways to lock, store and use your cards, you can now take more steps to safeguard your cards from theft.
If there are any other tips or topics, you’d like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
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