This is a sponsored post written by me on behalf of Chase. All opinions are 100% mine.
I travel. A lot. The last thing I want to worry about while traveling is having no access to funds due to fraud or struggling to straighten out my finances when I return home. I like to have as much peace of mind as possible that my money is protected and that if something unfortunate should occur, my bank or creditor will have my back.
While I was traveling around Turkey for two weeks, my card got stuck in an ATM machine while I still had five days left of my trip! I was in such a panic worrying about how I would get through the next five days, if others could withdraw from my account through the ATM while my card was in it, or if someone could get my card out somehow and use it. Luckily I was wired an emergency cash advance and my card was immediately cancelled, but I will never forget the fear of that moment.
That is why I try to stay informed about how my bank and creditors protect my information. For instance, Chase offers 24/7 Fraud Monitoring, Embedded Chip Technology, zero liability protection and immediately ships you a new card if lost, stolen or upon confirmed fraud. When you’re traveling, Chase will even work with you to authorize the credit card purchases you need.
Fraud protection is extremely important! There are ways to help our banks protect us against fraud, but many of us do not know about them. Even those who know that threats of fraud exist do not actively take the steps to prevent it, possibly hoping it simply won’t happen to them. I diligently monitor my credit file, financial accounts and personal information now more than ever because I’m planning on buying a home next year. I don’t want anything, especially fraud, getting in the way of being approved for the best rate possible for my dream home!
To make sure you’re protected learn more about Chase Fraud Services and read a few simple tips below.
Here are some ways to help keep your information and hard-earned money safe while at home or when traveling:
- Make strong passwords for your accounts. Do not use your birth date, any part of your name or address in your password. Use a mixture of upper and lower case letters, numbers and if use allowed symbols as well. Do not text or email your passwords to yourself or anyone else. I know it can be tough to remember all of your passwords but even for password recovery hints, use questions and answers only you would know.
- Utilize embedded chip technology that is now featured on most debit and credit cards when at chip-enabled registers during checkout. During a chip card transaction a single use code is generated to validate it, providing extra security for your purchases. All of my cards have the chip, and it is so easy to use! Just insert your card and follow the prompts on the screen.
- Keep your contact information up to date with your bank and creditors. If suspicious activity is detected, they need to be able to reach you right away to sort things out.
- Alert your bank or creditor of your travel plans. I do this every time I travel. Your bank will most likely be on high alert fraud protection mode if foreign transactions are attempted. Don’t wait until your charges are declined or your account is frozen to let your bank or creditor know you are out of the country. Call or go to your online account and alert your bank to the dates of travel and your destination so the bank will authorize charges while you travel.
- Sign up for account alerts. I set mine up to text message me after every purchase or bill payment so I immediately get a notice of money being taken from my accounts. The sooner you know about an unauthorized transaction the better!
- Create online account access and opt for online statements only. Nix the monthly snail mail statements! All of the same information is available online and if you do need a physical copy of your statement, you can simply print it from your online account.
- Check your balances and transactions often, even if you have not made any purchases or bill payments. I check mine daily but everyone should check and verify transactions every few days at the very least. This way you can contact your bank or creditor right away if you see any unusual activity in your account and get it straightened out.
- Do not make purchases or login to accounts over unsecured connections. So you’re sitting at a coffee shop with Wi-Fi and want to order a new pair of jeans for your big trip. Hold on hot foot! It would be best to make that purchase when you get home. The same goes with logins. Public Wi-Fi is not secure and fraudsters could access your information!
Whether you prefer to stay close to home or head to explore the world often like I do, working with your bank and creditors will give you the peace of mind to enjoy life a bit more and stress a bit less. I even taught my mom about fraud prevention and now we travel together with fewer worries.
For more fraud protection tips to help keep fraudsters at bay, read Six Ways to Boost Your “Fraud IQ” from Chase.