Are you preparing for your next vacation? As exciting as going out of town is, it’s also a time when your credit is vulnerable. People use their credit cards more often to cover their vacation expenses.
Credit cards are an easy way to pay for goods and services. They can also offer reward benefits for users. If you’re planning to use your credit this vacation, read on to learn four tips to help you protect your credit while you’re out of town.
Take Only the Cards You Need
There is nothing more important than being prepared for your trip. But don’t overprepare yourself to a point where you put your credit at risk.
When traveling, take the cards you need. You’ll need to keep track of fewer cards if you have fewer with you. If you need additional funds, consider withdrawing cash from your bank account. This will ensure you have enough money throughout your trip.
Use a Chip-Enabled Card
In addition to minimizing the number of cards in your wallet, it’s a good idea to bring chip-enabled cards if you have them. Chip cards are debit or credit cards that contain an embedded microchip in addition to a magnetic stripe.
A chip-enabled card provides extra protection for cardholders when making purchases, whether in-store, online or using an ATM.
If you’re going out of town, having a chip-enabled card can provide you with the extra protection you need to keep your card and your credit safe.
Consider Using a Prepaid Card
Another option to consider is to use a prepaid card. A prepaid card has zero liability if it’s lost, and it can help you control how much you spend on your trip.
All you need to do is load up a specific dollar amount on the card. This is not only an excellent way to manage your finances, but a prepaid card poses no risk to your credit. If your card is lost or stolen, you will lose no more than the amount of money you added to the card.
Even if you have a prepaid card, it’s still best to have a credit or debit card. But a prepaid card enables you to keep your credit and debit cards locked away in a safe at your hotel or when you need access to them.
Keep Your Card in Your Possession Always
You should always keep your card in your possession. But, when you want to do some fun activities and are concerned that you might lose your card, leave your card in the control of a trusted family member.
Be sure to pay extra attention to your cards when you’re out and about. Whenever you use one of your cards, always double-check that it is secured in its rightful place.
Your credit is undoubtedly essential. Here at Okinus Credit Solutions in South Pelham, Georgia, we want to help you with your credit solutions. Contact us today to learn about our lease-purchase program.