ATM, Credit & Debit Card Protection Tips
With credit and debit card fraud on the rise, it is essential to make sure that you’re taking the proper precautions to keep your financial information protected.
ATM, credit and debit card fraud are once again all over the news today. Being aware of where your card is, who you share your information with and how the card is handled are of high importance in protecting yourself.
North Jersey Federal can share our expertise in helping you to protect your credit card information from being compromised, but ultimately, it is up to you as the consumer to educate yourself. Sophisticated thieves operate locally, nationally and even internationally to find the weaknesses in merchants’ computer operations to steal your information.
Here are some tips that will keep your ATM, credit and debit cards safe from unauthorized use:
Report lost or stolen ATM, credit and debit cards immediately.
If you lose your ATM, credit or debit card, believe it has been stolen, or notice fraudulent charges, please notify us immediately by calling (973)785-9200.
Your account will be immediately closed, with a new card and account number issued and sent to you within days. All of your correct information will be transferred over.
Request a new replacement ATM, credit or debit card if you suspect yours is compromised.
We proactively alert members if they are at risk of unauthorized charges and will also take the steps necessary to reissue a new ATM, credit or debit card upon request.
Check your account information and card activity online.
Still getting paper statements? Don’t wait for your printed statement to arrive in the mail. Use NJFCU’s Online Banking instead. We offer Online Banking which allows members to easily view their transactions on their accounts between monthly statements, which are also available within Online Banking. Sign up for Online Banking today by clicking here.
Get in the habit of checking your balances, purchases, withdrawals and transfers for all of your financial transactions. The earlier the problem is detected, the more quickly the issue can be spotted and resolved.
Use caution when giving out your account number.
If you are using an ATM, credit or debit card over the phone, you must be sure that the company you are providing the card number to is reputable. You should be the one who has initiated the call; not the vendor. If you are shopping online, make sure that the website you are on is secure. Look at the URL of the website. If it begins with “https” instead of “http” it means the site is secured using an SSL Certificate (the s stands for secure). SSL Certificates secure all of your data as it is passed from your browser to the website’s server. To get an SSL Certificate, the company must go through a validation process. Avoid utilizing unfamiliar websites, check sites for customer satisfaction ratings by conducting a Google search, or visit the Better Business Bureau to look for complaints.
Change your passwords regularly.
If you suspect that someone other than you has tampered with your account, contact the company immediately.
Use strong passwords in order to protect yourself online and to prevent any hackers from getting into your account, and change those regularly.
Memorize your PIN.
Always try to memorize your PIN. If you write down your PIN and leave the document in a public place, then anyone may be able to gain access to your account.
Sign the back of your ATM, credit or debit card when you first receive it.
When you are first issued a new debit or credit card, it is essential that you sign the back of the card. Furthermore, if you are getting a new card to replace an old card, shred the old card so it cannot be used.