Smart Tips For Youngsters To Protect Their Credit Cards

Credit card spending surged to a seven-month high in August 2025, reaching Rs 1.91 trillion - up 13.7 per cent from Rs 1.68 trillion in August 2024 - as lenders, led by HDFC Bank, ramped up distribution in anticipation of festive demand, according to industry data.

With the increase in transactions, young people who use credit cards, along with new users, need to handle these financial products with additional care. Your credit cards face several security risks, which you can eliminate by following these protective measures.

Privacy Of Credit Cards

A credit card functions as your bank password. Only you are allowed to use it. Your card remains non-transferable to any family member or friend. Your financial security faces danger when you hand over your credit card to someone you do not know. The Indian banking system protects card transactions through its secure system, which requires users to enter a personal identification number (PIN).

Every nation maintains its distinct system of checks and balances. Foreign countries tend to have more dangerous situations. When using your card at offline locations such as shops and restaurants, your card must stay within your sight. The absence of your presence creates an opportunity for unauthorised activities to occur.

Protect Your Password

Keep your password away from the reach of unknown people. Protect all your online login credentials and passwords together with your card information and its CVV code. The exposed data will lead to various forms of abuse. Avoid using public computers and networks to input sensitive financial details. You should update your credit card PIN and online access password every three or six months for better security.

Restrict Daily Credit Limit

Most credit card companies provide the facility to set the transaction limit on your credit card through their app or online platform. The system allows you to control domestic and international payments through features that include spending limits and card usage controls. These security features can cut down the chances of fraud.

Review Credit Card Statement

Review your credit card statement on a frequent basis to detect any unauthorised charges. Your card company allows you to report these transactions so you can fight against the unauthorised charges. You need to check your credit score report right away. People do not realise that someone else could have opened credit accounts under their name which leads to unpaid debts that damage their credit rating. Your credit report examination reveals these problems, so you can start fixing them.

Tokenise Credit Cards

Tokenisation protects credit card information through a replacement system which assigns unique codes to secure data from unauthorised access. Online transactions stay secure through tokenisation because merchants never store the original card information which includes the card number.

Getting Your Credit Cards Blocked

Your card issuer needs to receive immediate notification when your card data becomes compromised or fraudulent transactions appear so they can block your card. You can also block your credit card through your credit card’s mobile app or online platform by contacting customer care. Report the incident to your card issuer and follow the necessary procedures to recover the lost amount.

You can improve your card security by following additional precautions which include staying away from risky websites and avoiding all unknown links that come through email or text messages. You should never disclose your sensitive card information to anyone who contacts you, including bank officials and customer care representatives from your card company.