Chip & PIN sounds like a crime fighting duo and in a way it is, it's a more secure way for you to use your credit and debit cards, and help protect you against fraud. The Chip is unique to your card and the PIN works to authorise payment in shops or allow you to use ATMs. It's the same PIN wherever you are in the world so make sure you pack your credit card next time you are away. Remember you may be charged a fee for using your card abroad.
Simple steps to protect you from credit card fraud
- Don't allow anyone else to use your credit cards or credit card cheques
- It's important to keep your PIN safe and to yourself
- - Never share your PIN with anyone - your banks, credit card providers etc will never ask you to reveal it
- - Memorise your PIN and do not write it down
- Check your credit card and bank statements regularly and call your bank or credit card provider if you don't recognise any transactions
- If you lose your card, call your bank or credit card provider, they can cancel your old card and issue a new one
- Try to keep your card in sight when in shops or restaurants
- If a cash machine looks like it has been tampered with, do not use it and report it to the bank