I have a LOVE-HATE relationship with my Credit Cards.
On one hand, credit cards are soooooo convenient. Forgot your cash? No problem! One swipe is all it takes to pay for those purchases. Few clicks, and the discount hotel room or the airline ticket is yours! Easy-peasy! And what's more? Reward points are collected with every $1 you spend ....one step closer to redeem those FREE gifts from the banks' ever-expanding catalogue!
BUT... with credit cards, you sometimes "forget" how much you have spent, and when the statement comes at the end of the month, you will be in for a SHOCK!!!!!! This aside, the bigger problem is CREDIT FRAUD! Recently, H discovered charges of USD 60 monthly from a reputable airline site. He queried if it was I who had made these repetitive online purchases. Turns out to be FRAUD!!! The issuing bank had NO inkling that a fraud has transpired every month for at least 3 months. How can we keep ourselves safe from credit card fraud like these??
2 comments:
an ex colleague's wife lost her wallet for 5 DAYS before she realised that it was gone. I think she lost a few thousand pounds. PLUS, don't know why she kept everything in her wallet - credit cards, NHS card, all her identity lah. The husband was fuming mad!
Husband was fuming mad at her for being so "duh"?? How can she not know that she lost her wallet? Never go out to buy groceries one meh????
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