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 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 With a debit card, cash is immediately withdrawn from your account and it can take longer for the funds to be returned to you.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
  1213 Hits
1213 Hits

Search Blogs Module

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