Securing your credit card should be your top priority if you must lock away thieves and online scammers from stealing your money in 2022.
No matter the security measures placed on your credit card and bank account, it’s your sole responsibility to secure your card.
Even if you succeed in building streams of passive income without watching over your credit card, you might still end up being broke.
Hence, the same amount of discipline and work you need to make money will be required to also secure it.
Therefore, let us quickly know what a credit card is all about.
What Is A Credit Card:
In a very simple term, a credit card is a thin rectangular piece of plastic or metal issued by banks or financial servicing companies.
It allows cardholders to borrow funds and pay back with any applicable interest or charges as agreed by both parties.
It is also accepted as a means of payment for good and services with merchants that accept card payments.
An example of a credit card is the Chase Sapphire Reserve.
Other include balance transfer credit card, travel rewards credit card, unsecured credit card, secured credit card and many more.
Therefore, in some six solid ways, let us unveil the financial education we need to secure our credit cards from theft in 2022.
6 Ways To Protect Your Credit Card From Theft In 2022:
Here are six ways to protect and secure your credit card in 2022 so you can avoid loosing money.
1. Keep Your Credit Card Away From People:
Depending on your relationship with people, which might be either families or friends, it’s never save to allow people get access to your credit card.
This is one of the fastest ways people loose money today simply because they trust others.
Hence, keep your card save and private except when you’re running a joint account.
Even when it is a joint account, there is no harm in taking precautions.
This will reduce the chances of issues between your loved ones if their is anyone of them who might be plagued with greed and theft.
Also Check Out This Top Notch Article: 15 Better Money Habits That Leads To Success.
2. Avoid Carrying Your Credit Card About In Your Purse Or Wallet:
Carrying your credit card about in your wallet might be a bit risky and dangerous.
What happens if you misplaced your wallet and it falls into the wrong hand.
On the other hand, even if you don’t misplace it by yourself, don’t forget that your purse or wallet can be stolen away from you when you’re not watching it.
Therefore, develop the financial literacy needed to secure your card as you read this blog post.
Robert Kiyosaki once said, don’t cut up your credit cards, the problem is not the cards.
It’s the lack of financial literacy of the person holding the card, and always make the best out of a bad situation.
Related Article: 20 Free Finance Advice For You In 2022.
3. Never Reveal your Card Pins, Token Responses Or Bank Profile Information’s:
No matter who it might be, be sure you trust that person enough before revealing your card pin.
Except in critical times like health crises which no one prays for, it’s not advisable to give anyone your login details or credit card information’s.
This is because doing this will give them free will access to your funds.
There have been many complains of people who lost money because they trusted the wrong person with their banking details.
Hence, watch out for online scammers posing to be a representative from your bank.
Their only aim is to steal your information to enable them access your account.
Therefore, always visit your bank directly in person on sensitive issues that might possibly reveal your banking profiles.
4. Never Save Your Credit Card Details Online When You Shop For Items:
So many of us are fond of shopping for items online.
We do this more often like weekly or monthly.
Well, even though we might be tempted to save our card details to make it easy when making payments online next time we shop items there, we must exercise some caution.
Never save your card on shopping websites when you buy items online.
What if hackers get access to the retail website and those scammers force into your personal account.
That will leave your card details exposed.
Hence, your card is at the risk of been used to purchase items for free at your own cost.
5. Always Use Your Card Online When Necessary:
I will advise you get a private safe lock at home where you only have access to and hide you cards there.
There is no point moving about with your cards.
The best way to secure it is to only use it when necessary.
Discipline your attitude to it’s usage.
This will not only help you secure it from theft, it will also secure your spending habits and help you save money at ease.
Related Article: 12 Common Agents That Kills Your Money Savings Plan.
6. If Possible Only Make Payment Directly Using The Card:
Don’t go about filling your credit information’s on every website just because it’s an ecommerce or retail site.
Some of these scammers have developed strategies to save your information for their selfish uses.
If possible, make withdrawers and choose to pay with cash if you don’t fully understand the online retail site.
The consequences of not securing your card is disastrous.
Also, don’t say you have no money in your credit card so you don’t care about securing it.
Online scammers are ready to borrow money with your credit card to purchase items online, thereby leaving you with the responsibility of paying back when it’s due.
Am sure you found light here, best of lucks as you keep your credit cards secured.
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