we need to be very careful with important items like a credit card and cannot afford to loose it.Careless handling of plastic cards can place you under severe trouble. They need to be preserved with care and here are some useful tips to preserve them. Here are some important suggestions and advice. You need to know exactly where you preserve your cards and whether it is a secured place to preserve them. Keeping your Personal Identification Number (PIN), a secret, is a must remember security rule. This includes your ATM and debit cards. Do not forget to remember your PIN number.
For Credit Cards, ATM Cards or Debit Cards
Be very careful about disclosing your account number over the phone unless you know you're dealing with a reputable financial company.
Never disclose your account number on the front of a postcard or an envelope.
Always remember to draw a line through the blank spaces on a check or debit slips above the total so the amount cannot be tampered.
Never sign any blank check or any debit slip.
Destroy the unnecessary carbons and carbon copies.
Save your receipts to check against your monthly statements.
Destroy the old cards by cutting through the account number before putting away.
Just go and open monthly statements promptly and compare them with all your receipts. Report errors or discrepancies as soon as you see them to the special address listed on your statement for inquiries.
Under the FCBA and EFTA the card issuer should investigate mistakes reported to them within a span of 60 days from the date your statement was mailed to you.
For ATM or debit cards
Don't carry your PIN number in your wallet or purse.
Never write it on your ATM or debit card. The reason is very obvious; if a person gets your card he will also get your PIN number. This can create a big trouble.
Never write your PIN anywhere whether it's on the front of a deposit slip or an envelope or other papers that could be easily lost or seen.
Keep an eye on ATM or debit card transactions before you enter the PIN or before you sign the receipt. The accounts for this distinct part will be quickly transferred out of your checking or other deposit account.
Remember to check your account activity periodically. This becomes more important if you bank online.
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