Vacation Fraud Prevention Tips
The summer travel season is here. Please follow these simple fraud-fighting steps before you leave on vacation.
1. Contact your financial institution
This is as much for cardholder convenience as safety. If your institution is unaware you're traveling to Rome, for example, they may freeze your account when a purchase is made there. Share as much detail as possible - dates, cities, how much you might spend, and how you can be reached.
2. Clean out your wallet
Carrying a lot of credit and debit cards on vacation only increases the likelihood that one of them will become lost or stolen. Take only what you need, and make sure your limits are high enough to cover all expenses.
3. Make a stop at the copy machine
Copy or scan the front and back of each card you plan to take. Be sure your account number and toll-free customer service number are legible (if you're traveling internationally, make sure you have appropriate phone numbers). Store this information somewhere other than where your cards are kept.
4. Keep an eye on your cards
Food servers and store clerks can steal card information easily with a skimming device, so don't let your cards out of sight. If that's not possible, consider paying with cash. And remember, it's perfectly OK to let your instincts guide you. If something seems fishy, go somewhere else.
5. Monitor your account frequently
Checking your account balance is a great way to combat fraud. Contact your financial institution if you suspect any suspicious activity.
Article provided by: Debbie Perry, Senior Account Executive, SHAZAM, Inc.