Tips on how to Prevent Credit Card Fraud

New technologies, such as Chip and Pin, have• Never give your PIN to anyone else or
helped provide a more secure way to pay withcarry it with you written down. It's best to keep
debit and credit cards. The introduction of thisthis information secured safely inside your head
new technology saw a £60m reduction in• Keep your cards in a safe place that's
fraud on lost and stolen cards in 2005 whenout of sight. Don't carry them at the top of your
compared to 2004.handbag or in the back pocket of your jeans.
However, as fraud prevention technologies• Keep tabs on your bank statements
advance, so do the fraudsters, who go to greatand query any transactions that you don't
lengths to find loop-holes and weaknesses in newrecognise with the bank
technologies.• Report lost or stolen cards as soon as
Despite the introduction of more secure ways ofyou become aware that they are missing
paying, credit card fraud is still prevalent. So, we• Make sure that the bank has an up to
should always be on our guard to ensure that wedate record of your contact details so they can
do not become the next victim.contact you immediately if they see any
What can you do to stay safe from fraud?suspicious activities on your account
The below will be obvious to most, but it does noBeing cautious at all times is the key to reducing
harm to have a refresher...the chances of being a victim of credit card fraud.