The $13,000 Big Mac - Page 2
Most importantly, monitor your bills and statements. If you see any charges or activity that you cannot account for, contact your financial institution immediately. The McDonalds thief was caught because his victims alerted their banks and police discovered that all of them had patronized the same restaurant.
Use online banking to keep an eye on your accounts. Review balances, withdrawals and transfers. Do this on a daily basis. Review your credit reports. You are legally entitled to a free copy of your credit report every 12 months. There are three credit-reporting agencies, which means that every four months, you can request a copy from a different agency.
In our busy, technologically advanced lives, paying by card is a convenient and easy way to do business. We can have what we want when we want it. The key to safe credit and debit card use is to remember that when you hand your card to someone, you’re also handing over access to your bank account or line of credit. So watch your card, watch your accounts, and have a Happy Meal.
(Image: Images_of_Money on Flickr)