Seven Tips to Avoid Credit Card Fraud

Credit card fraud is most certainly on the rise, especially when it comes to the Internet. Although it is becoming more safe to enter your credit card on a secure server online, there are still some precautions you should take when giving your credit card number to anyone whether in person or on a trusted site.

Use common sense. Keep an eye on your credit card every time you hand it out. Write down exactly what was purchased and where so that you have a record of exactly how much you are spending. This helps to know if you were charged in excess of what you actually spent of if someone made unauthorized charges to your card.

Be careful to whom you are giving your credit card to. Don't give out your credit card number to anyone who called you unless you are sure who the company is. Legitimate companies do not call you and ask you for a credit card over the phone especially if they are just calling to "verify" your identity.

Do not respond to emails asking for information. A scam called "phishing" is on the rise, this is where what looks like a legitimate email comes in asking you to verify your credit card details via email. If it was a trusted company they would refer you to their website and never ask for specific details.

Do not write your PIN number on your credit card. This includes not having it nearby in your wallet, in your car, or on you personally. This will give the thieves plenty of opportunity to wipe out your credit card completely.

Use your shredder. If you no longer use a specific credit card then don't leave it hanging around. There are many shredders now that are made to shred credit cards in a way that they will never be able to be seen or used. Shredding also includes getting rid of any credit card applications that come in the mail, especially those with your personal details such as social security number, address, or employment information.

When using your credit cards in public places, always shield the numbers from potential cameras or people standing behind you. Cell phone cameras are being used more and more to capture a picture of
your credit card details and then are later used for their own personal shopping spree.