There's certainly been a rise in credit card fraud cases nowadays, but this should not become a hindrance for consumers in terms of proactively protecting their financial life. Falling prey to card crooks can be inevitable, but it is important to know how to deal with such a situation effectively. Bear in mind that as you continue to use your credit cards for cashless transactions, your risk of becoming a victim increases as well.

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Here are some useful credit card fraud prevention techniques for you.

Keep your credit card safe

Always maintain the safety of your card, your PIN, and your card account details. When it is not in use, do not leave your card unattended; instead, keep it in a secure place at home. It's critical to also use a hard-to-guess PIN that you can easily remember. Record pertinent details of your card, including your card account number, security code, expiration date, and the contact details of your card issuer, and then lock them in a safe place along with your other identifications and financial documents.

Always sign at the back of your card upon receiving it. You must also check the card's sealed package to see whether or not it has been compromised – look for signs of tampering. Contact your card issuer if you suspect that someone might have tampered with the sealed package.

Check your statements and online accounts regularly

Managing your purchases effectively is one good way to prevent thieves from exploiting your card. You can access your credit card purchases online through your credit card provider's website. You should create an account that is not similar to the name on your card to keep your real identity private.

Use a secure browser and make sure you have a strong password that is different from your PIN. It pays off to log in at least once a week as well as every time you make a purchase to verify the particulars of your transactions.