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 With a debit card, cash is immediately withdrawn from your account and it can take longer for the funds to be returned to you.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
  1305 Hits
1305 Hits

Search Blogs Module

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