Credit card holders 'must be vigilant' - Credit cards - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Credit card holders 'must be vigilant'

Credit card holders 'must be vigilant'

Category: Credit cards

Updated: 03/02/2009
First Published: 03/02/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Consumers have been advised to be vigilant in order to ensure they do not become victims of credit card fraud.

Figures from card protection company CPP have revealed a rise in the offences over the last year, prompting card fraud expert Kerry D'Souza to suggest that particular care is taken when shopping online.

She urged cardholders to ensure websites are secure, as although banks have been taken steps to combat fraud, consumers must still take simple measures to protect themselves.

"Make sure you are checking your statements on a regular basis," said Ms D'Souza, adding: "If you do use your card when you are out and about, do get a receipt and check those against your bank statement."

According to CPP's findings, plastic card fraud affected 28 per cent of people in the UK in 2008 - a five per cent increase on the previous year.

London was the city where the greatest proportion of people were affected, at 38 per cent.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
Close