Thursday, 02 March 2017

Ten Simple Ways to Protect Yourself From Credit Card Fraud

Pacific and General

Ten Simple Ways to Protect Yourself From Credit Card Fraud

Reproduced with kind permission of ANZ Bank, Vanuatu.


Card fraud (or skimming) is unfortunately on the rise. It happens when the information contained on magnetic strips is reproduced. But card fraud can also take place if your card is lost in transit or swiped on a device other than the POS terminal by a dishonest seller.

So it pays to stay alert.



1. Always sign the back of your card in ink as soon as you get it

2. Don’t use the same personal identification number (PIN) for all your cards, and don’t make it easy for others to guess (like your date of birth)

3. Change your PIN regularly

4. Memorise your PIN – don’t write it down or tell anyone what it is (including the police, your family or bank staff)

5. Don’t let your card out of your sight, for example at a restaurant or in a shop

6. Only shop on secure websites where you can see the padlock symbol in the address bar

7. Check statements and call your credit card provider immediately if you see anything suspicious

8. Never give your card number to strangers or telemarketers who call you

9. Make sure no one can see you enter your PIN at ATMs or when using EFTPOS

10. Be just as vigilant when you’re overseas – card fraud can happen anywhere

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