10 Essential Tips to Shield Yourself From Credit Card Skimming Scams

Credit card skimming is a type of fraud in which criminals steal your credit or debit card information by installing a skimming device on an ATM, gas pump, or another point-of-sale terminal. These devices can be challenging to detect and can result in the loss of thousands of dollars from your account. Here are ten ways to protect yourself from credit card skimmers.

Before inserting your card into a card reader, inspect it for any signs of tampering. If the reader appears loose or different from the surrounding area, it may have been modified with a skimming device. If unsure, try using a separate card reader or report it to the terminal's owner.

Cover the Keypad with your hand to prevent anyone from seeing what you're typing. Skimmers often use hidden cameras to record PINs, so covering the Keypad can make it more difficult for them to steal your information.

Whenever possible, use ATMs that are located in busy, well-lit areas or inside a bank. Criminals are less likely to install skimming devices in these locations, as there is a higher risk of being caught.

Regularly review your bank account and credit card statements to ensure no unauthorized transactions. If you notice any suspicious activity, report it to your bank or credit card company immediately.

Consider using contactless payment options such as Apple Pay, Google Wallet, or contactless credit and debit cards. These options don't require your card to be physically swiped, making it more difficult for skimmers to steal your information.

Use a credit card instead of a debit card when making purchases. Credit cards offer more fraud protection, and if your card is compromised, you won't lose access to your bank account.

Many banks and credit card companies offer fraud alerts that notify you of suspicious activity on your account. Consider setting up these alerts to receive real-time notifications if your account is compromised.

Unique passwords for your online banking and credit card accounts. Never ever use the same password for multiple accounts you have , and change your passwords regularly.

Be on the lookout for skimming scams, where criminals pose as bank or credit card company employees and ask for your card information. Legitimate banks and credit card companies will never ask for your card information over the phone or via email.

If you suspect that you've been the victim of credit card skimming, run and report it to your bank or credit card company immediately because in such circumstances every seconds count. The sooner you report it, the more likely you will recover any lost funds and prevent further fraud.

credit card skimming can happen to anyone, but by being vigilant and following these tips, you can protect yourself from this type of fraud. Remember to inspect the card reader, cover the Keypad, use ATMs in safe locations, monitor your account activity, use contactless payment options, use a credit card instead of a debit card, set up fraud alerts, use strong passwords, be wary of skimming scams, and report any suspicious activity to your bank or credit card company.