Credit Card Security
The fraudulent use of credit cards is not limited to the loss or theft of actual credit cards. A thief only needs to know your credit card number to make fraudulent charges, including cash withdrawals, against your account.
Review your credit card statements as soon as you receive them or check your account regularly online to ensure that no fraudulent charges have been made
To guard against the illegal use of your cards:
- Carry only the minimum number of credit cards you need and never leave your cards unattended.
- Avoid signing a blank receipt whenever possible. Draw a line through any blank spaces above the total when you sign card receipts.
- Never leave receipts at banks, ATMs, gas pumps or checkouts. Shred all receipts before disposing of them.
- Unless you initiate the purchase, never give your credit card account number over the telephone or online.
- If you receive a letter stating that you should have received a credit card in the mail and you have not received the card, notify the company or lending institution immediately.
- In the event your card is lost or stolen, immediately notify the credit card company. Most fraudulent purchases are made a short time after a credit card theft. Most issuing banks or companies can be reached 24 hours a day, 365 days a year.