You may have lulled yourself into believing that now because the "New Improved" credit cards have been issued with the "Magic Chip"...you no longer have to worry about having your card compromised...no one will escape to foreign lands and charge their trip to your account...furnish their home..buy exotic gifts....AND...You would be WRONG !
We have forever had our VISA card compromised on an annual basis...it has never been "if" ...it was just "When" with charges appearing from foreign countries...for large purchases we did not make...and fortunately we caught them or we were alerted by the fraud department of our credit card company that there had been suspicious activity.
Enter the "magic chip" ....an extra layer of security...and the blanket that has lulled some people into thinking that theft was no longer a problem. We monitor our charges carefully and frequently...the thieves are alive and well...and we just had to replace a card...and for the monthly charges
we authorize...change the numbers...urgh !
Be careful out there in credit card land...don't blindly authorize a payment...be diligent about monitoring the charges made to your account. Know your rights and the procedures for reporting charges made by unknown sources.
This is a People Service announcement brought to you by Sally & David Hanson- Broker Associates, Keller Williams Realty honored to be of service in southeastern Wisconsin.