Since banking has become such a common part of our lives, it is important to keep a few aspects in mind to ensure our financial safety. Some people are way too careless when it comes to performing transactions in a store or salon. This is why it is vital to keep certain things out in the open so your banking experience is a good one.
Plastic has become the new way of life in the United States. Most people don't prefer carrying cash with them, so they opt for using credit cards wherever they go. The first aspect you should be fully aware of in terms of carrying your credit card is that there are always a lot of skimmers present in every setting. Whether you're at a bar, restaurant, or even a gas station, as skimmer can easily use your card on a device without you being aware of it. This device has a simple method of copying all the data from the card's magnetic strip. Such information is eventually sold at certain rates where credit card clones are also made.
In most cases, you realize that you have made the mistake once it's too late. Usually when your transaction shows up is when you will be cursing out the skimmer who used your credit card unlawfully. This is why it's very important to be fully aware of your surroundings when you go to a crowded place. Be alert when you hand over your credit card to the cashier. If someone is looking over your shoulder, don't hesitate to immediately cancel the transaction. Doing so will save you the hassle that you have to go through eventually when dealing with the bank and explaining to them that it wasn't you who made the purchase.
If you see that the payment terminal looks a bit off or there is something strange about it, do NOT use it at all. Inform the appropriate authorities in such cases and don't make the mistake of pulling your credit card out to pay for items that you purchased or to withdraw money. If the terminal is visibly ok, make sure that you always cover the keypad to prevent others from seeing you type in your PIN. You can even confuse others by acting like you are pressing other keys. This will make it more difficult for bystanders to figure out your pin or even for the built in cameras within ATM machines.
Whenever you are ready to make a payment, never lose sight of your credit card. There are some cashiers who truly work like magicians in order to confuse you and throw you off track. Once your attention is diverted, they might take full advantage of the situation and use your credit card to rack up some purchases. They will usually even give your credit card back to you, but only after they have used it for making purchases. So make sure that you insist on seeing your credit card every time you hand it to the cashier when making a payment. These simple tips can be greatly helpful to any credit card holder.