The following tips on credit card safety will help you protect your online identity.
As a credit union, education on financial literacy is important to help keep your private information safe and we are committed to providing helpful information and resources to our members. The following tips on credit card safety will help you protect your online identity.
You never know if a fraudster has tampered with a public computer. Avoid making that next online purchase from a public library or school computer and only online shop from your personal computer or smartphone (on a trusted Wi-Fi network).
Review privacy policies
It’s important to understand how online retailers will be protecting your credit card information after a purchase has been completed. If their site were to be compromised, your information could be at risk.
Keep track of your receipt
Holding on to a receipt after completing an online purchase is a great habit to get into for credit card safety. When your monthly statement is ready to be reviewed, cross-reference your receipts with the amount on your statement, to make sure the totals match.
Check your statements
While many credit cards have 24/7 monitoring programs designed to detect fraud, it’s also a smart idea to regularly check your statements to make sure everything looks normal. If you notice anything that looks out of the ordinary, call the number on the back of your card.
Create a secure password
When logging in to view your online statements and other credit card information, having a secure password is of the utmost importance. For ultimate credit card safety, remember, the more complicated the password, the better.
Do not send credit card details over email, text, or social media
Do not ever send your credit card information over email, text, or social media platforms. If your social media or email accounts were ever to be hacked or if you lost your phone, your credit card information could be compromised.