2 minutes reading time (316 words)

Tips to Avoiding Credit Card Fraud While Traveling Abroad


We came across an article this morning on Marketwatch.com by Maria Lamagna that had some great tips on preventing credit card fraud while you are traveling abroad. We thought we would pass them on to you…

Bring some cash with you on your trip. Make a visit to your local bank before your trip to convert your cash into the foreign currency or you can convert it at the airport upon your arrival.

If you must use an ATM, it is better to use one at a bank than on the street or another non-financial institution. Examine the ATM before using it for any abnormalities. If the card reader appears not to fit, has glue on it or it is chipped it may be a “skimmer”.

Use credit cards instead of debit cards. Credit cards usually have built in protection for fraud and the credit card company can dispute the charges for you. With a debit card, cash is immediately withdrawn from your account and it can take longer for the funds to be returned to you.

Use mobile payments when you can. Transactions with services like Apple Pay use a tokenization method when making payments. This means that a new token is issued for each transaction instead of transmitting the actual credit card number making the payment more secure.

Avoid using public Wi-Fi as much as possible. Although it may be tempting to log in at the local café to save on data use it is very dangerous and an easy way for hackers to get your personal information. You should also change your password before and after traveling.

Check your account activity often. Look out for any transactions that look out of the norm so you can catch any fraudulent activity quickly. Many banks and credit cards now offer monitoring alerts that you can customize and be notified when an unusual transaction occurs.

Top Reasons to Set Up a Living Trust
Understanding Medicare

Related Posts

By accepting you will be accessing a service provided by a third-party external to https://assetplanninginc.com/

Search Blogs Module

Wait a minute, while we are rendering the calendar
rescue organizations National Ice Cream month Orange County estate planning parking spots D premiums EEChecklist-Kits.pdf stockpilingchecklist.pdf gap insurance phishing scams Expired medications email notifications phone companies Two-Step Verification credit card fraud donation items non-prescripstion sunglasses relief efforts September 30 2020. tax filing deadlines portal executive order privacy notices offering insurance February 14 house sitter Flexible Spending Account borrowing money check lists cell phone service provider TD Ameritrade home chip-enabled EMV cards home break-ins official certification pet Facebook profile tax season health care costs breach April 18 2017. estate items retirement plans media accounts cell phone provider prescription eyeglasses Auto insurance CA FTB wells Fargo home emergency preparedness kits spam phone cell phone carriers Kraig Mathias IRA accounts California Lions Friends earnings fallout Federal Trade Commission website CERTIFIED FINANCIAL PLANNER exam Social Security Administration emergency kit Open Enrollment scams Orange County Superior Court health care services vision screening credit card company blog post CFP ® Medicare Advantage interest flash drive pet industry credit cards Independence Day home security water … clients Treasury Department retirement accounts account numbers contribution limit Notary Public integral member Wells Fargo employees settlement options IRS documents partner /owner Wells Fargo customers Mobile Banking Security Tips 2017 Equifax breach Fox News story October 1 2020. company emergency kits Social Security clients show support family members Joey Gonzales 900 number Labor Day bottom line Economic Security emergency folder Medicare Medicare Part B premiums estate planning direction payments credit score cell phone SIM swap scam information home emergency kit fun atmosphere paperwork clutter insurance policy Medicare question Medicare Part B vacation Puerto Rico spring cleaning increase cell phones debt Ice Cream Social toilet paper summer credit freeze checklists CARES Act insurance policies investment statements Roth IRA banking spread https :// money markets donation counts card reader 401K 20 year anniversary https ://seekingalpha padlock years clone counterfeits tax deadlines July 4 trust Retirement Contribution Limits birth certificates September 8 retirement planning Healthcare illiegal robocallers Erin Nelsen Legal robocalls asset Planning ID card hurricane Dorian Affordable Care Act opt-out Medicare plan IRS deadline FSA privacy settings web address paper records jury duty retirement market turmoil team members policy drive /usb fun facts July weekend “ skimmer ”. FEMA website pet donation drive identity theft text messages Shred paperwork April 15 identity thieves consumer spending 2018 IRA contributions information Facebook self-help topics credit monitoring service president Trump business hours people medications cell phone carriers offer Victor Dergunov news coverage ice cream event Charles Schwab stimulus package Kiplinger Letter fees home mortgages April 11 ice cream 2017 TD Ameritrade National LINC Conference Part D premiums . tax deadline June 29 trustee client portal January 10 stock pile July 3 rd tax returns 23 andme notary services assets interest rates life saver 2017 IRA contributions disaster areas tax records records Supplemental Security Income Open House holidays approach phone driver license 70 1/2. pet supplies Coronavirus Aid coronavirus car loans pets Asset Planning Brexit vote 4 pm -8pm app Part B phishing sites July 6 Financial Planning Magazine VOIP landline phones September 9 Amazon DNA test kits operations manager earthquake app COVID -19 virus memorial Day weekend student loans