Planning ahead can help you keep your money safe
Summer is here, and many of our customers are planning to hit the road or the skies for much-anticipated vacations. The Bank of Zachary wants you to have the information you need to keep your money safe before leaving home.
Whether your summer vacation takes you to the other side of the globe or just to the nearest beach, it’s always important to protect your money while you travel. A relationship-focused community bank, like Bank of Zachary, works one-on-one with our customers to prepare them for all kinds of emergencies from a lost wallet to identity theft.
Financial professionals agree that the safest and most convenient way to travel with your money is to take a small amount of cash with you. It’s also a good idea to carry a debit, credit or ATM card. These cards are convenient while traveling because they are easy to carry, easy to use and often offer the lowest fees and the best exchange rates.
However, travelers still need to plan ahead to be prepared. To help, we offer these tips to consumers about what they need to take care of before they take off:
- Let us know when and where you will be traveling to avoid account holds or transaction
rejections when out-of-the-ordinary transactions are presented for processing or posted.
- If you’re traveling overseas, keep in mind that ATMs in many countries only accept
four-digit personal identification numbers (PINs) and some countries have keyboards with
numbers only, while others do not acknowledge zeros. Ask if you should create a new PIN
for your account before you take your trip.
- Carry a back-up card that you keep in a separate place. Families or couples may get even
greater back-up coverage if each person takes a different card.
- Make copies of all the cards you’ll be carrying. Be sure to copy the front and back of the
card. Take a copy with you and give a copy to someone you trust back home. Be sure to
also include the security code for the card and the customer service phone number.
- Set up transaction alerts for credit and debit cards. This will allow you to be informed
much faster of any transactions that occur on your cards and shut down fraudulent
- Bring a list of emergency phone numbers, but remember, 800 numbers can only be used in
the United States and Canada. Be sure to get a number for the Bank that you can call if
you’re out of the country.
- Many credit cards provide travel accident insurance and traveler’s assistance. Ask your
community bank what special services are available through your card.
- Check your balance before you leave. Know the limits on how much you can withdraw. Save
all your receipts.
- Thoroughly check any ATMs that you use; fraudsters are increasingly altering the facades
of ATMs in an effort to capture card data. Ensure the card reader does not look tampered
with and pull on it to ensure it’s not a layover.
Remember, in the event that something unfortunate does happen, the Bank of Zachary is always just a phone call away; ready and able to help our customers.
For more information about what to do if your card is lost or stolen or if you need additional help, visit http://usa.visa.com/personal/using_visa/travel_with_visa.html or http://www.mastercard.us/support/lost-card.html.
All of us at Bank of Zachary hope that you have a safe and happy summer vacation, whether you are going across town or across the world. Use sun screen and take a lot of pictures!