Asset Planning, Inc Blog

The latest from the team.

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 With a debit card, cash is immediately withdrawn from your account and it can take longer for the funds to be returned to you.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.

Continue reading
  1914 Hits

Search Blogs Module

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