Are you planning to go on a dinner date with your beloved? When you go out for dinner with your beloved, it’s a wonderful experience as you enjoy delectable food along with the person’s company. According to the recent research, young people prefer using cards over cash, especially in posh restaurants or shopping malls.
After the recent economic meltdown, many people suffered job loss or wage deduction. So, some of the people are involved in fraudulent activities to make money in this tough economic situation. Recently, these fraudsters are taking advantage of the situation to misuse the credit card of the consumers. A large number of people in America are filing complaints on fraudulent credit card transactions. Therefore, to avoid enrolling in a credit card settlement program, you can inform the credit card company regarding the fraudulent activities. If your card is misused without your knowledge, you may have to pay the bills even if you’re not responsible for the transaction.
Here are a few effective tips to prevent credit card scam:
Beware of restaurant fraud:
Generally, consumers use their credit cards while shopping or paying restaurant bills. In this case, the restaurant employee may swipe the card and your card information can be recorded in the electronic device. The information stored in the electronic device can be used by the fraudsters, and the card information can be misused. Any trickster in the restaurant can write down your card’s number, expiration date along with the security code. The vital information can be used for online purchases and transactions made over the phone. Therefore, you need to be cautious while handing over your credit card to the restaurant staff.
Tips to prevent credit card scam in a restaurant:
When you use your card to pay bill at a restaurant, you can insist the wait staff to swipe the card in the electronic device before you. You can avoid credit card fraud if you keep tab on the transaction process. Once you get the receipt, make sure you check the amount on the credit card receipt. Avoid handing over the card to the restaurant staff. You can directly go to the counter and pay the bill yourself.
Avoid throwing the carbon copy receipt in the trash:
The fraudsters can use the carbon copies of the receipts you leave behind in the trash. The receipts may contain your credit card information like your name, credit card number and signature on them. Make sure you cut up the carbon copy of the receipt properly before you throw in the bin.
Use cash instead of card:
You can use cash instead of credit card so you can avoid fraudulent activity. When you use cash, the miscreants may not get access to your financial information to initiate any fraudulent activities.
Therefore, the cardholders need to keep in mind the above mentioned tips to prevent credit card fraud.