Tips for staying safe at the ATM

By Staff Writer

Most experts reckon that ATMs will one day be a thing of the past and we’ll rely on things like mobile wallets and till point withdrawals to do all our transacting. For now, however, ATMs are part of our lives.

It’s important to remain vigilant and aware when you are using these machines in order  to not become a victim of crime or fraud and we have some tips for you on how to do just that.

-Make sure your PIN is something that’s not obvious, preferably not a sequence of numbers directly following each other and nothing something as straight forward as your birthdate.

Memorize your PIN, don’t write it down.

If you spot any suspicious looking characters nearby, leave or approach security. If your gut is telling you something is wrong, there probably is.

If the ATM is giving you trouble or you feel that it’s not working like it should, cancel your transaction immediately and try another ATM.

Make sure nobody is watching you put in your PIN on the keypad.

If you need help – don’t ask strangers or security guards for help. Ask a bank official. If your card is stuck – do not accept help from strangers.

If it looks like the card slot has been tampered with, don’t use the ATM.

Make sure you get your card back whenever you are done with a transaction. Make sure it’s your card with your details and somebody hasn’t swapped   your card.

If your card is lost, stolen or jammed into a machine  make sure you contact your bank immediately.

Recent Articles

Featured Applying for a home loan? Consider the repo rate

When you apply for a home loan, one of your top priorities should be to secure a low interest rate. In order to achieve this, you need to be familiar with the repo rate. We find out more about this.

Effective financial planning as a single parent

As a single mom or dad, it can be challenging to keep up with the ever-increasing expenses of raising a child. We have a look at the importance of setting up a budget as a single parent.

How your credit score impacts your insurance – and vice versa

Since insurance is paid in advance, it may seem unrelated to your credit score. However, these two are in fact linked to one another. We find out why insurers look at your credit score.

Should you share finances with your cohabiting partner?

When you and your partner decide to move in together, you need to work out whether it would be better to share your finances, or to continue to operate separately.

Deals

Get a FREE flight ticket with Hotel Sky

Price: From R5,200
When: Until 31 January 2022
Where: Johannesburg and Cape Town

Voucher for 2 special at Bakwena Day Spa

Price: From R1,798
When: Until 31 January 2022
Where: Centurion, Hartbeespoort and Stellenbosch

Spier Hotel Summer Special

Price: Available on request
When: Until 31 March 2022
Where: Stellenbosch


Latest Guide

Guide to debt rehabilitation solutions