It’s safer to pay with a credit card when shopping online, according to the U.S. Federal Trade Commission (FTC). If cybercriminals intercept your debit card number, they can immediately drain your account.
Gas stations can be hot spots for criminal activity. According to Visa, about 1.3% of payment fraud in the U.S. occurs at fuel pumps.
To secure your room reservation and cover incidentals, hotels will put a hold on your payment card.
Some Hertz locations, for example, perform credit checks on many customers who rent with a debit card, according to the company’s website.
When it comes to planning events — like a wedding or child’s birthday party — use a credit card to rent tables, tents and bounce houses.
Again, the Fair Credit Billing Act gives you the ability to dispute credit card transactions and to withhold payment while your credit card company investigates.
In the age of meal-delivery services, auto-ship programs and electronic toll-road passes, you may be tempted to set it and forget it.
SWIPE UP FOR MORE AMAZING STORIES