Tricks to Keep Your Credit Card Safe and Secure – With so many credit card deals out there, it can be hard to know which ones are worth your time and money. But that doesn’t mean that you have to risk it all on the basis of a few popularity contest-like recommendations. Instead, you need to make sure that what you’re getting is truly a good deal. If you’re serious about building your credit score, then making sure that your card is safe and secure is something you should do from the start. Scams abound when it comes to making payments on time and using cards as leverage against you in the event of an emergency. Read on for more information on how to protect your credit card and stay out of debt while still having fun!
Read the Fine Print
First, understand exactly what is going on with your new credit card company. You’re likely in negotiation and payment terms before you even call, which is why it’s important to know what is involved. Sometimes, when you sign up for a new credit card, you’ll be given a promotional code or refer to your account as a “free card.” But keep in mind that this doesn’t mean that you’re actually getting a free card. Instead, think of it as a gift card that is redeemable at a later date. Some cards will specify that you must call the phone number listed on your card to activate the card. Others will send an automated system that will prompt you for information each time you make a payment.
Make Sure You’re getting a Good Credit Card
First, make sure that your new credit card is a good card. Not all credit cards are created equally, so it’s important to do your research and make sure that you’re getting the best deal. Credit cards come with rules and regulations, so make sure that you’re aware of them. For example, some cards will impose a monthly fee or annual fee, and some will charge you if you don’t make a payment on time. Make sure that you’re aware of these fees and rules before you sign up for a new credit card.
Check Your Credit Cards Activity Per Week
After you’ve taken the time to do your due diligence and check out your credit card, it’s time to start looking for problems. In order to stay safe and secure with your credit card, you need to check your card’s activity per week. If you notice that your card is being used for things other than what you agreed to, then you need to question the deal. Ask yourself why the card is being used for what it’s being used for. Be especially careful if you have a history with a certain company — anything that you may have done in the past may come back to haunt you.
Ask for A Refund If The Card Getting Used Is In “Freeze”
If you find that your credit card is getting used for things that it’s not supposed to, or if you’re concerned about an account that has been in “freeze,” then it’s a good idea to call the customer service line and ask for a refund. Typically, this happens when there has been an error or breakdown in the payment system, like a software failure. But it can also happen when a debt has been incurred and the card was used to make a payment that has been disputed or missed.
Always Pay By The Due Date
If you find that your credit card is consistently getting used late, then it’s probably a good idea to call the card company and ask them to change your payment due date. Typically, this is the first thing that you should do if you have a credit card debt. Make sure that your payment date is at least three business days from your due date so that you can prepare for missed or late payments. If you’re late, then call the number on your card and ask them to reverse the late payment fee. This is often the fee that is charged if you miss a payment.
Don’t Use Cards As leverage In An Emergency
Some people find that using their credit cards as a lever in an emergency becomes problematic once they have a family or friends on the phone to help them out. If someone is in an emergency situation, then a credit card could be used to get them medical care, food or even gas. But in this scenario, you need to make sure that you have the correct person on the phone so that you can avoid any misunderstandings or problems. Some people also find that they need to justify the number of cards that they use — say, if they are Frequent Cardholders. This could be a red flag that something is wrong, but for the most part, it’s just a personal decision.
If you’re looking to start building credit, then it’s critical that you know how to protect your credit card. This is especially important if you’re not Very credit savvy and don’t know the difference between a legitimate offer and a scam. Keep in mind that no two people will have the same credit card experience, so it’s important that you get on the same page with your new card company before you begin using their product.