How secure is your credit card?

By Staff Writer
This week, the 13th to 18th of October 2009 is the annual card security week, sponsored by Visa and FNB. It is a consumer awareness campaign that is designed to highlight card security issues, for both credit cards and debit cards. This is a recession and the living ain't easy, summer may be coming but the stress of the recession tends to encourage more fraud. This means you need to be extra careful with your card security. So what can you do?

 

  • Treat your cards as you would treat cash
  • Watch your card when it's being swiped
  • Don't give anyone your PIN number

 

It may seem like its simple, and in a way it is, but fraudsters are getting more and more sophisticated, developing more and more complex and ingenious ways of getting your money. Card skimming is popular with easy access to card skimming devices that can clone your card. Make sure no-one knows or sees your PIN number, with a PIN, a cloned card is ready to go and take all of your hard earned money. Skimming devices are small and unobtrusive and can even be fitted onto an ATM, so check before you put your card in the slot.

FNB and Visa have made a helpful video to help you make yourself aware of the various things that you can do to prevent your money being stolen by fraudsters. The festive season is coming and the crooks are gearing up for it. While we would all prefer to be gearing up to be festive over the festive season a little bit of caution can prevent that last 500 bucks that you were saving for a party being stolen and leaving you glum when the summer sun should have you smiling.

 

Recent Articles

Featured Can you afford an ambulance in South Africa?

When a loved one is straddling the line between life and death, you won’t hesitate to call an ambulance. This week, Justmoney found out how much an ambulance ride costs in South Africa, whether you can refuse to get into an ambulance, and who pays the bill if you’re unconscious. 

Read more

Discovery Vitality: The impact it had on my health

It’s nearly 30 degrees outside, but my windows are closed to prevent further wildfire smoke from entering my bedroom. I’m hopping around, squatting and lunging my way into my “cardio zone” so that I can earn 200 points on Discovery Vitality and meet my weekly activity goals.

Read more

Rand runs out of steam in lead-up to budget speech

For all the foreshadowing that was done last week in terms of the two big speeches by the head of states in the United States (US) and South Africa (SA), very little happened as a direct consequence thereof.

Read more

The cover you need at every age and stage

Insurance is often neglected during people’s twenties and inflated during their forties. So, which insurance products should you pursue at which age?

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

President Hotel Easter Special

Price: From R1,500
When: 15 March to 30 April
Where: Cape Town

Kulula-Preskil Island Resort Special

Price: R16,999
When: 11 May -14 September
Where: Mauritius

A Touch Of Madness Tuck In Tuesday Special

Price: R70
When: Tuesdays
Where: Cape Town