Stay smart, stay secure to avoid credit card fraud | Fusion - WeRIndia

Credit cards offer quick convenience and financial flexibility in modern life.

They help customers manage expenses and buy what they need without delay.

Yet fraud has increased, and people must stay alert to protect their money and personal data.

Credit cards operate with a monthly spending limit. This limit depends on factors like credit score, card type, and repayment behaviour.

Many customers try to increase this limit to enhance their purchasing power.

However, fraudsters often misuse this desire and attempt to trick people into sharing confidential details.

They pretend to be bank officials and ask for sensitive information such as CVV, expiry date, or OTP.

These scams can cause heavy losses, sometimes worth several thousand rupees or even more than ₹1 lakh.

Therefore, users must follow safe practices to avoid falling into such traps.

First, never share card details with anyone. Banks never ask for CVV, PIN, OTP, or expiry date over a call.

If someone demands these details, the caller is a fraudster. Moreover, you should always verify the caller’s identity.

Instead of trusting their number, call the official bank helpline printed on your card. This simple step prevents many scams.

Additionally, avoid clicking on unknown links sent through SMS, email, or WhatsApp.

Scammers usually send messages like “Click to increase limit.” These links steal data and compromise accounts.

Always use the bank’s official website or mobile app for limit upgrades.

Furthermore, enable transaction alerts to track your account in real time. SMS and email notifications help you spot suspicious activity instantly.

If you notice an unauthorised attempt, block the card immediately using the bank’s app.

Finally, use only the bank’s official app to request a credit-limit increase. Banks provide secure features inside their digital platforms.

You can check your eligibility and complete the process yourself. This avoids any risk from unknown callers.

With careful habits, people can enjoy the benefits of credit cards without fear.

Staying informed and alert ensures safe and smooth financial use every month.

Image from Pxhere (Free for commercial use / CC0 Public Domain)

Image Published on April 07, 2017

Image Reference: https://pxhere.com/en/photo/1382484