Credit Cards

Be careful when using a credit card. Here are a few things to consider when using your credit card:

• Make sure you know about all the charges that apply.

• When you do not pay your credit card bill, you can easily fall into debt.

• Try not to use your credit card to withdraw cash as you will be charged everyday until you pay

it back.

• Set up a direct debit that will always pay the minimum payment each month, but remember to

pay more off if you can.

• Be careful when taking out a 'store credit card' in shops. Make sure you check its APR*. Shops

will often entice you into accepting a card in order to get special offers.

*APR = Annual Percentage Rate of charge

ATMs 

There are a few things you need to remember when using your credit or

debit card at an ATM to prevent people from copying the details, from

stealing or using your card:

• Tell the bank straight away if you lose your card or think it has

been stolen. They will be able to stop anybody else using your card.

Some banks may charge you if you do not inform them

immediately. 

• Keep your PIN number hidden. When you are required to type in your PIN number at any

machine, make sure you do it discretely.

• Be aware of your surroundings when using an ATM.

Identity Theft

Identity theft is becoming increasingly common in the UK. By stealing your personal details as well

as your banking details people can illegally apply for credit cards or shop using your money. It is

important that you are careful when using ATM's and filling in forms over the internet.

Your identity can also be stolen using letters and documents that you may throw away in the rubbish.

To avoid this, always shred important documents, and have them burned.

For other letters, ensure that your name, address and important details are removed and shredded

before disposing of the rest of the letter.