The post discusses places to avoid using your debit card. It also gives an idea of how one can reduce the chances of being trapped in a debit card fraud.

Highlights

• Certainly, you should know about the places to avoid using your debit card.
• There is a need to be cautious because of the ongoing scams.
• Debit card scams cause billions in losses every year.

The Current Reality of Debit Cards

Today, people are using their debit cards on almost every other platform. One must be vigilant because many scams are taking place. People are losing their hard-earned money at a fast pace. Debit cards indeed have some protection. But it is far less protected than a credit card.

If you regularly use your debit card then make sure to check its transaction history very often. The most important advice is that one must use their debit card only at those platforms that hold immense trust.

Here Is A List of Places to Avoid Using Your Debit Card –

1. Festive Events

People must be careful while buying tickets for different festivals. Various scams are going on where fake tickets are being circulated. So, don’t just click any causal link that you see on a website. It will give unauthorized access to your debit card and you will get a fake ticket for the event.

2. Tourist Spots

Scammers usually look for tricking people at popular tourist spots. So, don’t use your debit card in case the source is unknown. Always choose the ATMs of reputed banks for withdrawing cash. Cover your PIN. If you are using your debit card at a point-of-sale then make sure it is located indoors.

3. Dubious Online Sources

People are just crazy about online shopping. And this is one of the main gateways for debit card fraud. Suppose you believe that the website is suspicious then never share your debit card details. Today, many bogus people are operating through social media. These scammers show impressive products and services. If you pay them, you won’t get the thing you ordered.

4. Retail Outlets

Although the reputed retail outlets are genuine, many times the debit card information is wrongly accessed in some or the other way. So, at such outlets, one must prefer using a credit card. Using a contactless payment means will minimize the risk.

5. Bars, Gas Station, and Restaurant

If someone passes on their debit card at locations like a restaurant or a bar then the staff gets access to its information. Hence, if the executives working over there have a motive for fraud then they can surely misuse the information. Lots of debit card frauds are reported at the gas stations.

Places to Avoid Using Your Debit Card Conclusion

You must have realized by now about the places to avoid using your debit card. There is always a possibility related to the misuse of debit cards. Indeed, its usage can’t be avoided. But by being careful, a person can surely avoid financial damages. Always check your account history from time to time. In case of suspicious movement, straight away connect to your bank. People should favor contactless payment, safe mobile wallets, and credit cards. For more banking and finance stories subscribe to Financereview.Org.