Summer means hitting the road to new horizons for most. The dream of fun in the sun could turn into a nightmare instantly with the loss of vacation funds. Here are some tips to protect your money while traveling.
- Let your bank and credit card companies know
You should notify your bank and credit card companies of your travel dates and travel destinations. This helps them identify fraudulent charges while you are away.
- Instant Debit Card control
Lost your debit card? Want to set spending limits? Within the Southwest Heritage online banking portal, you have control over your debit card. This will stop thieves from draining your accounts if they by chance get your information by simply turning your card off in the Manage Cards Section.
- Check your account history
Check your account as often as possible. This will help ensure that any debt or credit transactions that have processed are yours and are for the correct amount. Doing this while card activity is fresh on your mind makes it easier and quicker.
- Carry a small smart travel wallet
It is very unlikely that you are going to need your local library card or the business card from your favorite electrician while away, so there is no need to carry them while on your trip. Before hitting the road get yourself a small travel wallet with RDIF blocking technology. It should be just big enough to carry a small amount of cash, a couple of credit cards or debit cards and your ID.
- Separate your money
Pick a couple of secure locations where you are staying to stash separate piles of cash. This ensures that if tragedy does strike and you are robbed or lose your wallet some place you don’t lose all your funds in one blow.
- Use a money belt
Money belts fit snugly under clothing and are a good option for crowded streets and shops.
- Use ATMs associated with banks
Standalone ATMs at convenience stores and other tucked away locations are more vulnerable to skimmers.
- Research your destination
When dealing with money, it is best not to go blindly. Research financial institutions and ATMs in the area as well as transaction polices for local shops and restaurants.
These are just a few things that can be done to keep your money safe while travelling.