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 With a debit card, cash is immediately withdrawn from your account and it can take longer for the funds to be returned to you.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
  1763 Hits

Search Blogs Module

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