What precautions should be taken while using ATM card?

Precautions while using an ATM

1. Memorise your PIN.
2. Your card is for your own personal use.
3. “Shoulder surfer” can peep at your PIN as you enter it.
4. Do not take help from strangers for using the ATM card or handling your cash.
5. Press the ‘Cancel’ key before moving away from the ATM.

What are 3 safety concerns about a debit ATM card?

• Fraud protection. If your wallet falls into the wrong hands, your debit card’s fraud protection isn’t as strong as a credit card’s.
• Building credit. If you don’t have a credit history yet or you are trying to rebuild your credit score, a debit card won’t help.
• Merchant disputes.
• Fees!
• Rewards and services.

Is it unsafe to use a debit card?

The recent rise of “skimmers” have made many consumers think twice about using their debit cards when making purchases. Especially at places like the gas pump, or even online. The answer is quite simple. Yes, debits cards are secure and have many safety benefits over both cash and credit.

How do I protect my debit card from skimmers?

How Can You Protect Yourself From Credit Card Skimmers?

1. If you use a debit card, run it as a credit card without using the PIN. If you must use the PIN, cover your hand when typing the number, in case hidden cameras are watching.
2. Look for a broken security seal.
3. Look for unusual features in the card reader.
4. Pay inside.

How can I avoid ATM cloning?

Seven ways to prevent your card from being cloned

1. Use a credit card where you can.
2. Sign on the back of the card.
3. Invest in a card-guard.
4. Don’t share your pin.
5. Check an ATM before you use it.
6. Don’t store your card information on your phone.
7. Set up a two-step authentication for online transactions.

How do I know if my ATM has a skimmer?

When visiting an ATM, check these parts for:

1. Tape and/or sticky glue residue on any part of the ATM.
2. Bulkiness on the card insert area or the PIN keypad.
3. Anything hanging from the ATM.
4. Wiggle the card slot or keypad for loose-fitting attachments.

Is it safe to give ATM card number?

Your name would be known to most people, but you should not share any other information printed on the card. And this information is the first level of security. Without access to it, there is no way to misuse your card. Safeguard these details and don’t reveal them to any unauthorised person.

What happens if someone knows my debit card number?

If an unauthorized person has access to your debit card information, report it immediately to your financial institution. If you report your loss within two business days, you are only responsible for $50 worth of unauthorized use under federal law. If you wait longer, you could be liable for up to $500.

How to stay safe while using an ATM card?

ATM Safety Tips. Precautions while using an ATM. Memorise your PIN. Do not write it down anywhere,and certainly never on the card itself. Your card is for your own personal use. Do not share your PIN or card with anyone, not even your friends or family. “Shoulder surfer” can peep at your PIN as you enter it.

How can I prepare for an ATM transaction?

Maintain a supply of deposit envelopes at home or in your car. Prepare all transaction paperwork prior to your arrival at the ATM. This will minimize the amount of time spent at the machine.

How can you avoid becoming a victim of ATM frauds?

You can avoid becoming a victim by using some good old common sense and by planning ahead for ATM withdrawals. The Electronic Funds Transfer Association and the Los Angeles Police Department have provided some great tips for making sure your visit to the ATM is uneventful. Always pay close attention to the ATM and your surroundings.

How do I get Out of an ATM machine?

So stand close to the ATM machine and use your body and hand to shield the keypad as you enter the PIN Press the ‘Cancel’ key before moving away from the ATM. Remember to take your card and transaction slip with you