Good Practices For Ordering Online

It is more crucial than ever to ensure that you are protecting yourself online as our world continues to see a shift in the retail landscape from purchasing at a brick-and-mortar to ordering virtually. The effects of COVID-19 have only served to speed up this transition, especially during the holiday season. The three tips below are good practices to follow when ordering online.

  1. Use a credit card instead of a debit card.

There are two reasons for using a credit card instead of a debit card when placing an online order.  First, when you use your credit card and pay it off each month, you build up your credit score. Second, if someone were to obtain your information, it is much easier to cancel a credit card than switch your account information linked to the debit card. Switching your account information means that any automatic deposits or withdrawals you set up will need to be reinstated once you are given a new account number.

  1. Avoid saving your card information to websites.

There are two reasons that you should avoid saving your card information to a website. The first is having this information readily available will often encourage impulse buying. Having to enter your card information forces you to take an additional pause when making a purchase and can prevent an impulse by as well as a blown budget. The second reason you should avoid saving your card information is doing so increases your risk for potential fraud. The more places your card information is stored, the greater the risk of fraud.

  1. Ensure that you are set up to receive transaction alerts.

Receiving transaction alerts allows you to receive a message every time a charge is put on your card. So not only is it yet another great tool to help with your budgeting, but it also is the quickest way to know if someone is committing fraud using your information. The quicker you know fraud is happening, the quicker you can react and save yourself more time, money, and heartache.

If you have any questions, want more tips, or would like to get set up to receive transaction alerts? Contact us at 515-278-1994, and a member of our team will be happy to assist you!