New Delhi, Business Desk. Credit cards have made our transactions very comfortable in today’s times. Due to credit card, today people buy goods on monthly installments very easily. However, all kinds of frauds with credit card are also frequently reported. In such a situation, one needs to be very cautious about the use of credit cards. You can make your credit card more secure within a few minutes using just a few tricks and prevent any unwanted transactions from abroad. In recent times, credit card issuing companies have provided such facilities to customers.
Let us know how you can prevent unauthorized transactions with credit cards.
1. Blocking international transactions is beneficial
Customers get OTP for domestic transactions but no OTP is required for transactions from outside the country. In such a situation, not blocking international transactions can prove to be a very risky step. If you want to keep your credit card safe and there is no plan to go abroad immediately, then international transactions should be blocked. For this, you will have to login through NetBanking. After logging in you will get the option to block domestic and international transactions.
2. It is necessary to set the transaction limit
Along with deciding the domestic and international usage of credit cards, it is also necessary to determine the limit of transactions with the card. If you usually do not shop more than 20 thousand rupees at a time, then you can set such a limit. The biggest benefit from this will be that your loss will be limited even if there is fraud. You can also set a limit for daily transactions. You can also set the transaction limit from online transaction, point of sale or ATM.
3. It is important to pay attention to the alert and monthly statement sent by the bank
It is important to pay attention to every SMS sent by the bank or credit card issuing company. Also you should read the credit card statement properly. Any suspicious transactions will be immediately noticed by you and you will be able to inform the bank in that regard.
4. Do not click on suspicious links
If you get a message or email in the bank’s name and there is a link in it, then it needs a lot of attention before opening it. It is necessary to state here that in today’s time, fraudsters confuse people by messaging with similar message ID. Also, in any case, do not share your card number, PIN, date of birth and any kind of confidential information on any link.
5. If the credit card is stolen or lost, it is important to inform the bank immediately
If your credit card is lost or stolen, it is important to immediately inform the bank or credit card company, along with the card should be blocked. Follow this in case of any suspicious transaction.
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