Do you know how to control your debit-credit card? If not, do it this way and say goodbye to fraud

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The use of debit-credit cards has increased rapidly. We all use debit or credit cards for shopping and withdrawing money. With the increase in the use of debit or credit cards, cases of fraud have also increased rapidly. However, by knowing some tricks, this fraud can be prevented and one can remain tension-free. If you use credit/debit cards, read on to know how you can keep your hard-earned money safe by controlling the use of your credit and debit cards.

 

Set transaction limits 

Most banks allow you to set transaction limits on your credit and debit cards. This means you can control the maximum amount you can spend in a day via your credit or debit card. You can set specific limits for your domestic and international transactions. These limits can be increased or decreased at any time, and are applied immediately.

Set limits for ATM withdrawals.

​You can set different limits on the amount you can spend on online purchases, tap and pay, merchant payments, and ATM withdrawals. You can set these limits through your bank’s website, mobile application, A, T, M, or even by calling the IVR (interactive voice response) i.e. customer hotline. If there is any change in the status of your card’s limit, you will be notified immediately via SMS or email.

Block the card from the .app 

If your card is lost or stolen, you can block it immediately from your mobile app. You can also do this with the help of customer care. By doing this, you can prevent fraud even after the card is stolen. 

Protect yourself from scammers

If your debit or credit card is stolen, the amount withdrawn will be within your set daily limit. Fraudsters will not be able to withdraw all the money from your bank account stance, due to the li, they will not be able to withdraw more money than the limit set by you in a day. In this way, you can protect yourself from fraud. Even if your card is stolen or lost, you will not face much trouble.