Learn what to pay attention to when you are using your Visa credit card on ATM machines. These tips will help you avoid unnecessary costs and save money.
One of the perks of a visa credit card is the ability to use it to withdraw cash at an ATM machine. This fast easy transaction can help you out of any number of cash binds. However, using ATM’s can be a little scary when you hear stories of theft and robbery all from the simple act of withdrawing some money. Using some common sense and following sage advice can help you avoid unpleasant situations.
Advice to follow when using an ATM machine:
- If the lighting is poor or the machine is tucked out of site, find another ATM to use instead.
- Get your card out and ready while you are still in your vehicle or away from the ATM.
- Keep your visa credit card in a safe place at all times.
- If there is someone standing behind you check to see that they are a safe distance so as not to see your PIN number or the amount you will withdraw.
- Put your cash, card, and receipt away immediately. Wait to count the money until you are safely away from the machine.
- If you use a drive up machine keep your doors locked and only roll down your window while you make the actual transaction.
- If the ATM is indoors and you must swipe your card to enter, never let anyone enter with you. If the other patron has a valid account they will appreciate your caution.
- Never leave your car running while you use an ATM.
- Always remove valuables from your vehicle and lock your car when you go to the machine.
- Make sure you take your receipt from the ATM when you leave.
- Compare all of your receipts with your monthly credit card statement for accuracy.
- If you lose your Visa credit card contact your financial organisation immediately so that it can be cancelled.
- Do not give any merchant more personal information then that provided by a valid photo identification.
- Do not keep your PIN (personal identification number) written down anywhere. Memorise it instead and change it regularly.
- Do not use commonly known or easy to figure out number combinations for your PIN. Instead choose something that only you would remember like the street address of your friend from childhood or your dogs birth date.
- Memorise or keep in a safe place the phone number of the issuing company of your credit card so they can be easily reached in case of loss or theft.
- Control access to your card. Even if a family member uses your card without your permission you might still be responsible for their charges.
Hopefully, this has not scared you off completely from using an ATM machine. Thousands of transactions go through every day with no problems. You should just remain vigilant in order to protect yourself and your finances. Anyone who has been the victim of identity theft can tell you that choosing to be careful is much easier then dealing with fraud.