Money With Google


5 Places Your Credit Card Can Be Stolen

Posted in Credit Cards by matsiltala on the August 11th, 2008

Your credit card information can be stolen from several places. In fact, you’d be surprised to know how many places keep your credit card information. You need to be careful with your credit cards and keep them as safe as possible. Make sure you are aware of these places and avoid any chance of having your credit card information stolen.

1. Internet. The Internet has made online shopping a commodity. If you aren’t careful though, your credit card information can be stolen in a matter of seconds. When shopping online, only shop through secure sites. Update your computer with the latest firewalls and other security software. These simple steps can keep your credit card protected on the Internet.

2. Receipts. When you buy something with your credit card, it often shows the last four digits of your card number on the receipt. Often times the other numbers on your receipt show up as Xs. Not all receipts print like this. These updated receipts have only been around the past few years. When given your receipt, take a few seconds to make sure it didn’t print your entire credit card number. If it did, shred it as soon as possible.

3. Wallet. This situation is more rare, but it can still happen to you. Don’t lose sight of your wallet or misplace it. Your wallet contains some of the most important documentation about you. Don’t let it fall into the wrong hands. Chances are, the person finding it won’t return it to you. Be careful not to lose your wallet or let it get stolen.

4. Merchants/Retailers. When you use your credit card at a store, your information is kept in the terminal for only a few seconds (long enough to complete the transaction). However, some retailers have unsafe credit card terminals. There are a few terminals that store credit card information for a period of time after the point of sale. Try to only use your credit card at a store if you trust that company and are familiar with its business practices.

5. Mail. Believe it or not, your credit card information can be stolen through your mail. This can be through your monthly statement, credit card offers or receipts. Most companies now do not print your entire credit card number on each monthly statement or receipt. Don’t assume this though! Shred or carefully file all documents that could have this information on it.

The key here is to be smart and don’t assume. You can’t assume that other people are protecting your identity and credit card information as carefully as you are. Be aware of possible credit card threats and do everything you can to protect your credit card.

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