By Laurel Nelson-Rowe | American Express Credit Intel Freelance Contributor
5 Min Read | December 20, 2019 in Cards
When you’re in the midst of a shopping marathon, who has the time – or energy – for chores like comparing receipts to your online statement each night, or checking on all those automated email alerts you should have signed up for? And, of course, that’s exactly why you should. Fraudsters count on people being too busy to keep their guards up, too. It’s one of the two main reasons scammers are more active during holiday times, when people are busiest – and it's also why credit card security is a real problem any time you’re out shopping.
It’s useful to think about keeping your credit card safe as similar to training for a marathon – both require organization, discipline and focus. Here are some ideas for how you can do it.
Many of the following suggestions for protecting your card make sense all the time, but can be especially helpful in boosting credit card security when you’re shopping:
When you’re out and about, experts advise that you keep security on your list—whether strolling down a street or in a store or restaurant. Wallets and purses with credit cards, or shopping bags full of your purchases and retail receipts, can disappear quickly amid a bustling crowd. For credit card security, experts suggest:
Shopping online? Here’s how experts suggest you keep secure:
Again, this is something experts say you should do all the time. Unless you’ve frozen your credit, checking your credit report to look for inquiries you never authorized is likely to be the quickest way to find out if criminals have gotten hold of your personally identifiable information and are trying to open fraudulent accounts in your name. The experts say a credit freeze is the best way to protect your identity from thieves. To learn more, read, “Should I Freeze My Credit? Survey Says …”
When it comes to credit card security, be sure to keep your antennae up: Hoaxes can get very creative. Use security experts’ advice so you don’t get snowed over with credit card fraud or theft this year. It requires an ever-attentive focus on good credit card safety practices.
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3 “7 easy ways to protect your credit while holiday shopping,” CreditCards.com
4 “Credit Card Security: 9 Do’s and Don’ts for Avoiding Identity Theft,” Credit Card Insider
5 “8 Credit Card Security Tips You Should Not Miss,” Lifehack.org
6 “16 Experts Reveal How to Protect Your Credit Card Online in 2017,” SecureThoughts.com