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How to Avoid Credit Card Scams

Lisett Comai-Legrand

Lisett Comai-Legrand About The Author

May 22, 2018 7:33:00 AM

Without a doubt, using credit cards can make life easier. You can buy anything and everything with just a swipe of your credit card. Buyers and retailers both use credit cards for their everyday transactions. However credit cards can also easily fall into the wrong hands, do you know how to avoid credit card scams?

Avoiding Credit Card Scams

Unfortunately, credit card scams are rampant nowadays and fraudulent scammers are very effective in fooling people into falling for their scams. The only thing that protects a credit card is the personal information attached to it. If your personal information gets compromised, thieves can use your credit card to buy anything they want. Fraudulent charges can pose a long lasting threat to your financial well-being and often times you don’t even know about it until it’s too late. Getting your money back can take a lot of time and require a lot of patience. Here are some precautions you can take to avoid credit card scams.

Be Careful About Your Personal Information

Even for legitimate transactions, you are asked to give some personal information. However, you must be wary when someone makes an offer that you didn’t ask for and then asks you to share credit card related information. The first thing you must ask yourself is who is asking for the information. No retailer will ask about your pin number or other secure details. However, retailers may ask for your CVV number (three or four-digit number), just to ensure that you are the actual card holder.

avoiding credit card scams

Discard Your Financial Documents Properly

Shredding your financial documents is the best way to discard your information. Many times, identity theft occurs when people get ahold of financial documents that you didn’t dispose of properly. It is wise to shred all of your financial documents that you are throwing away. Con artists are always after financial information, so be sure to protect your personal information as well as you can.

Keep Track of Your Credit Card Transactions

You should make a habit of checking your credit card history on a regular basis. If you review your credit card transactions daily, you will have a better chance of catching fraudulent charges quickly. Immediately contact your credit card company if you suspect a fraudulent charge has been made using your card.

Use Strong and Unique Passwords to Protect Your Financial Information

When accessing your credit card accounts online, be sure to use strong passwords. In addition, try to use passwords that have not been used for other online accounts.

Start Using a Card Control App

Card control apps are becoming more popular. They allow you to turn your credit card on and off with a swipe. So if you do lose your credit or debit card you can keep transactions from processing immediately. Plus, you can use it to help you stay on budget by setting spending limits. But most importantly you will receive push notifications to alert you immediately when your card has been used. 


Credit card fraud is, unfortunately, a common problem in modern society. Thieves can steal both credit card information and personal information to make purchases with your credit card. This article shared some important tips to help to avoid credit card scams. 

We do our best to provide helpful information but we cannot guarantee the accuracy or completeness of the information presented in the article, under no circumstance does the information provided constitute legal advice. You are responsible for independently verifying the information if you intend to use it in any way. Additionally, the content is not intended to be reflective of First Alliance Credit Union’s products or services, for accurate and complete details about our product and service information you must speak to an advisor at First Alliance Credit Union.