Setup Notifications on All Your Credit Cards and Bank Accounts to Help Avoid Fraud and Theft

Fraud and theft are unfortunately a reality of modern life. But there are steps you can take to protect yourself, and one of the most important is to set up notifications on all your credit cards and bank accounts.

Notifications can help you to:

  • Detect fraudulent activity quickly. If your card is used for a purchase you didn’t make, you’ll be alerted right away. This will give you the opportunity to report the fraud to your bank and dispute the charge, minimizing the damage.
  • Stay on top of your spending. Notifications can help you to track your spending and make sure you don’t overspend. This can be especially helpful if you have multiple credit cards or bank accounts.
  • Receive important account information. Notifications can also alert you to important account information, such as when your bill is due or when your balance is low. This can help you to stay organized and avoid late fees or overdraft charges.

Setting up notifications is easy and can be done through your credit card issuer’s website or app, or through your bank’s website or app. The specific steps you’ll need to take will vary depending on your bank or credit card issuer, but they’ll typically be straightforward.

Here are some of the notifications you may want to consider setting up:

  • New transactions. This will alert you every time a new transaction is made on your card or account.
  • Large purchases. This will alert you if a purchase is made over a certain amount.
  • Transactions in a foreign country. This will alert you if your card is used in a country you didn’t travel to.
  • Low balance alerts. This will alert you when your balance falls below a certain amount.

You can also set up notifications to be sent via email, text message, or push notification. The best way to receive notifications will depend on your personal preferences.

Setting up notifications is a simple way to help protect yourself from fraud and theft. It’s just one of many steps you can take to safeguard your finances.

Here are some additional tips for protecting your finances from fraud and theft:

  • Review your credit card statements and bank account activity regularly. This will help you to spot any unauthorized transactions.
  • Use strong passwords and PINs. Don’t use the same password for multiple accounts.
  • Be careful about what information you share online. Don’t give out your personal information, such as your Social Security number or your credit card number, unless you’re sure the website is legitimate.
  • Be aware of phishing scams. Phishing scams are emails or text messages that appear to be from a legitimate company, but are actually designed to steal your personal information.

By following these tips, you can help to protect yourself from fraud and theft. And by setting up notifications on your credit cards and bank accounts, you can take an extra step to safeguard your finances.

See Scam and Fraud Protection for 2023 for more information and make sure to Sign Up for our Scam Prevention Newsletter.

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