07/18/2018: 11 Travel Safety Tips
Whether your travels take you across the globe or across state lines, we urge you to plan carefully to keep your money safe and summer vacations on track.
Most financial experts advise limiting the use of cash and paying with a debit or credit card for major purchases since cards come with additional protections, such as zero-liability for fraud-related charges, which can offer greater peace of mind while traveling.
Wolf River Community Bank recommends that vacationers follow the travel tips below before taking off for a much-anticipated getaway.
- Share your travel plans with your community bank to avoid account holds or transaction rejections when out-of-the-ordinary transactions are presented for processing or posted.
- Make sure you have a chip-enabled card particularly if your travel plans take you overseas where chip-enabled technology is a card acceptance requirement for all card transactions. Most cards now have an EMV chip present, so just be sure those are the only cards you’re using when traveling.
- Carry at least two cards with you so you have a backup. Families or couples may get even greater back-up coverage if each person takes a different card.
- Set up transaction alerts for credit and debit cards. If you suspect your information has been compromised contact your bank and credit card provider as soon as possible.
- Bring a list of emergency phone numbers, but remember, 800-numbers can only be used in the United States and Canada. Be sure to get a number for your bank that you can call if you are out of the country. While storing numbers in your phone is probably most convenient option, you run the risk of losing or damaging your phone and not having access to important numbers, so it’s a good idea to jot them down.
- Inquire whether your credit card provides travel accident insurance and traveler’s assistance. Ask your bank or credit card provider what special services are available.
- Know the limits on how much you can withdraw and save your receipts.
- Thoroughly check any ATMs that you use. Ensure the card reader does not look like it has been tampered with. When in doubt choose another terminal.
- Lock away valuables such as passports, backup credit cards, copies of financial information and extra cash in your hotel safe.
- Use social media with care. Posting your pictures or whereabouts during travel could leave you susceptible to home invaders.
- Don’t wait for your monthly statement. Upon returning from your vacation, review your purchases and ATM withdrawals with your bank and credit card companies.
For more information about what to do in the event of a lost or stolen card, visit https://usa.visa.com/support/consumer/lost-stolen-card.html or https://www.mastercard.us/en-us/consumers/get-support.html.
If you have a lost or stolen Wolf River Community Bank debit or credit card, use the contact information below:
Wolf River Community Bank: 920-779-7000
After business hours:
Article courtesy of Independent Community Bankers of America®