Don’t Advertise That You’re Leaving Town – When you are leaving on a trip do you share it on Facebook? Well, don’t! You might as well put in a yard sign saying “Rob this house!”. Your 400 closest friends don’t need to know that your house is going to be empty, so wait until you are back home to share all the fun pics and stories on social media.
Do Tell Your Credit Union That You’re Leaving Town – I know I just told you not to advertise that you’re skipping town, but do be sure to let us know that you are travelling (you secret is safe with us, it’s sort of our job). It’s important to let us, and any other place that you have a debit/credit card, know that you will be travelling so that we can make sure your card doesn’t get falsely blocked for fraud. You usually aren’t on a spree at Disneyland, so make sure your card processors are in the loop.
Monitor Your Account Activity – This honestly is a good thing to be doing at all times, but especially while on a trip. If you are travelling somewhere new, and perhaps a bit more populated than South Dakota, you may be exposed to higher risk of people trying to steal your card information. A harmless looking ATM, your server at a restaurant, the gas pump – all are potential thieves of your card information. Be smart with your card and leave it in your wallet if you are somewhere shady. You can also download our MobiMoney App and receive notifications on your phone every time your Vermillion FCU debit or credit cards are being used to be extra secure. If you see activity that isn’t yours be sure to make a call right away, we have had members catch fraud on their account while travelling and were able to let us know before things got out of hand.
Have a Buffer from Your Checking Account – It is smart to make sure the cards you are using aren’t directly linked to your checking account. By using either credit or prepaid travel cards you give protection to your checking account. If your credit card is stolen then your dispute will be on a line of credit rather than actual cash, and if a prepaid card is stolen then your losses are limited to what’s on the card. If your debit card is stolen and the thief depletes your checking account you may be left high and dry throughout your dispute of the charges. Pay us a visit and we will be happy to set you up with a prepaid travel card or help you apply for one of our credit cards.
Those are a few of the tips I have for anyone taking a trip this summer. One more tip I have would be to limit your cash on hand. It just isn’t wise to have your whole trip’s worth of cash on hand at all times. Be sure to keep your wits about you wherever you may be travelling and avoid putting your identity on the line anytime you feel uncomfortable using your card.
Have a great Summer everyone! Be safe!