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 With a debit card, cash is immediately withdrawn from your account and it can take longer for the funds to be returned to you.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
  2018 Hits

Search Blogs Module

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