Credit card: The currency of credit card has increased a lot in a short time. Due to which the cases of fraud have also started increasing. In such a situation you need to be careful.
- Do not share credit card information online
- Buy only from trusted websites
- Set a credit card limit
So Credit card is a type of loan but nowadays people consider it as a profitable deal. The reason is that even when you don’t have money, you can make payments and meet your needs. You can repay the loan amount without interest during grace premium. Along with this, many discounts are also available on credit cards. Due to which shopping is very beneficial. Due to this reason, the currency of credit card has increased a lot in a short time. Along with this, cases of fraud have also increased.
Be careful when exchanging with credit cards
Monitor credit card transactions regularly. So you will know which and how much money you have exchanged. At this time, if any unknown transaction takes place, you will be notified immediately. You can report it.
Don’t share credit card information online
Never share any information like credit card details, credit card number, expiry date and CVV number etc. with any messaging app. Doing so can lead to fraud.
Buy only from trusted websites
If you use a credit card while shopping online, you should only buy from trusted websites. You can also use card tokenization for online purchases.
Keep changing app passwords
You should change your password every now and then if you use a credit card to make online purchases through any of the apps. So that there is no risk of your data being leaked. Keep your card safe. If your credit card is stolen for any reason, you should block the card immediately.
Set a credit card limit
Every banking app has an option to set a credit card limit. You can control the limit of the card through the app to avoid fraud. Also keep credit card customer care number in your phone at all times. So that any problem related to credit card can be helped.