Protect Yourself From Fraud While Travelling

Summer 2010 CSANews Issue 75  |  Posted date : Jul 20, 2010.Back to list

Planning to travel this summer? Whether it is within Canada or abroad, it is important to protect yourself against credit card and debit card fraud. Remember that it may only take one oversight - leaving your card unattended, for example - for fraud to occur. Protect yourself with these tips from TD Canada Trust:
  • Protect your PIN - When conducting a transaction at an ATM or making a debit card or credit card purchase, use your hand or body to shield the keypad when you enter your PIN - even if the device you are using has a visor.
  • Don't bring more than you need - You don't need a wallet full of credit and debit cards on vacation. Only take the essentials with you - two or three credit cards and your debit card should be enough.
  • Keep track of everything - Hang on to your receipts and keep them together. When your account statements arrive after returning home, review them to ensure that all transactions and charges are correct.
  • Only bank where you feel comfortable - Conduct your ATM and debit transactions when and where you feel most secure.
  • If you've got it, don't flaunt it - Don't carry a lot of cash and don't show off your credit or debit cards. Doing so may make you a target for fraudsters.
  • Notify your card issuer - To discourage thieves from using stolen cards, your card issuer may deactivate your card if the usage is not according to your regular pattern. Prevent this by letting your issuer know that you are going on vacation and will likely use your card more often.