The present-day world is very economical and there is a larger number of ways to make those monetary dealings easier.Credit card is one among that.But it is good and bad at the same time which is mostly described through its proper or improper usage. To an extent if we make sure about the security alerts on using a credit card it can be used as a great idea of the modern world.
As some of the idle characters do in films, never use your credit cards carelessly. It is not an essential factor in life, but it may be helpful in some urgent situations. So be careful about the unnecessary or extravagant spending.
The credibility of the websites that we commonly use is very difficult to define. Most of the fraudulent create similar websites to the actual or credible business firms to cheat the customer. Very minute variations will not be noticed. So make sure that the website is credible. Most of the credible websites’ address begins with http://. The second thing is even in the case of bank dealings they never ask your OTP number through a phone call or via e-mail.
Frequent changes can be made in PINs that lessen the chances of risk. So it should be done at least one time in 6 months. When we give the PIN just similar to the last four digits of mobile number or vehicle number, frauds could easily catch it. Several cheaters do this easily.
Another point is never hand over your credit card to another person. The dealings using your credit card in any shops or hotels or even in petrol pumps should be done in front of your presence. If your card is lost, immediately inform your bank.
To get rid of the fake actions we should be alert about the bills and message alerts. If doubtful transactions are being noticed, inform it in the bank as soon as possible.