Tips for Gens to Keep Their Credit Cards Safe and Secure

Outlook Money

How Genz Can Protect Their Credit Cards

Credit cards make life easier but misuse or fraud can cause worry. Understanding basic security precautions keeps your money safe and worry-free.

Keep Your PIN and Password Secure

Treat your card like a bank password. Never share your PIN, CVV, or online banking credentials with anyone, even friends.

Avoid Sideloading Apps

Only use official apps or app stores for payments and card management. Avoid downloading APKs from unknown sources to prevent malware.

Set Spending Limits

To manage your daily or monthly spending always use the app or web portal for your card. Limits lower the risks of fraud and stop excessive spending.

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Monitor Transactions Regularly

Check statements frequently for unauthorized charges. Early detection lets you report issues and protect your credit score.

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Use Tokenisation for Online Payments

Tokenisation replaces your actual card number with a unique code during online transactions, protecting your card information from hackers.

Be Ready to Block Your Card

If your card is lost, stolen or compromised, notify your issuer immediately or block it via the app/online platform. Quick action prevents further losses.

Practice Smart Card Habits

Update passwords on a regular basis, keep track of your expenditures, and use credit cards sensibly. Safe practices promote financial stability and peace of mind.

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