Our financial information faces many threats, fromdata breachesto fraudulent scams (the latest beingthrough Zelle).
Shopping online with acredit card is actually a smarter movethan using your debit card.
Here are some best practices to keep in mind to maximize credit card security and privacy.
Plus, what does it mean to havea good credit score?
10 ways to protect your credit card data
1.
Any longer than that and you may exceed the period during which the issuer can rectify the situation.
Some credit cards allow you to turn on notifications and alerts based on your preferences.
It’s better to manually key in your credit card information every time.
Capital One, for example, offers virtual card numbers through its app’s virtual assistant, Eno.
If your credit card doesn’t offer this capability, consider a third-party virtual card service likePrivacy.
Other cards may openly share your data with all sorts of companies, including non-affiliate marketers.
We recommend looking for a well-roundedcash-back credit cardto solve this problem.
FAQs
How do credit card companies use my data?
Credit card companies primarily use and share your information for marketing and advertising purposes.
What do I do if my credit card information is stolen?
Be prepared to provide them with personal information, including your legal name, address and Social Security number.
If someone has my credit card information, can they steal my identity?
Generally speaking, no – but it’s a bit more complicated.
Identity theft pops up if a thief steals someone’s personal information and uses it to commit fraud.
Stealing credit card information is generally a consequence of identity theft.
