How to secure the debit and creadit cards

• 08 July, 2021
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Securing debit and credit cards is crucial to protect your financial information and prevent unauthorized transactions. Here are some essential tips to enhance the security of your debit and credit cards:

1. Keep Your Cards Safe: Store your cards in a secure place, such as a wallet or cardholder, to prevent loss or theft. Avoid leaving your cards unattended or in visible areas where they could be easily stolen.
2. Memorize PINs and Passwords: Memorize your Personal Identification Numbers (PINs) and passwords instead of writing them down. Avoid using easily guessable PINs, such as birth dates or sequential numbers.
3. Enable Card Security Features: Activate security features offered by your card issuer, such as PIN-based transactions, biometric authentication (if available), and real-time transaction alerts.
4. Monitor Account Activity: Regularly review your account statements and transaction history online or through mobile banking apps. Report any unauthorized or suspicious transactions to your card issuer immediately.
5. Protect Personal Information: Avoid sharing sensitive card information, such as card numbers, expiration dates, and CVV/CVC codes, with anyone unless necessary. Be cautious when providing card details online and only use secure, reputable websites for transactions.
6. Be Wary of Skimming Devices: Inspect card readers and ATMs for any signs of tampering or skimming devices before inserting your card. Cover the keypad when entering your PIN to prevent hidden cameras from capturing it.
7. Use Secure Payment Methods: Prefer secure payment methods, such as chip-enabled cards or contactless payments (e.g., NFC-enabled cards or mobile wallets), over magnetic stripe transactions whenever possible.
8. Set Spending Limits: Consider setting spending limits or transaction alerts on your cards to monitor and control expenditures. This can help detect fraudulent activity or unauthorized purchases early.
9. Report Lost or Stolen Cards Immediately: If your card is lost, stolen, or compromised, report it to your card issuer immediately to have the card blocked or deactivated. Request a replacement card as soon as possible.
10. Stay Informed: Keep yourself informed about common scams, fraud trends, and security best practices related to debit and credit card usage. Educate yourself and your family members about potential risks and how to prevent them.