Every one of us runs the risk of becoming a victim of a credit card scam. Scammers are savvy, and it can be hard to keep up with the newest ways they are attacking their unsuspecting victims. Whether you’re a victim of skimming, phishing or perhaps identity fraud, realising that a cybercriminal has managed to take hold of your money can be scary.

 

For financially vulnerable people, the risk of becoming a victim of these common scams is even higher. You may not realise you’re in this frequently targeted group until it’s too late – elderly people, students, military personnel, and immigrants all fall into this category. Luckily, there are ways that we can all improve our financial security and better protect ourselves from financial scams.

 

This guide from Upgraded Points is a great place to start. It covers 30 of the most common credit card scams, and details exactly how you can avoid them. It also includes helpful information on how to boost your credit card security. From securing your devices and networks to shredding your old receipts, each one of these tips can help to protect you from falling victim to a scam.

 

With 44% of credit card users having reported 2 or more fraudulent charges on their cards in 2022, it’s never been more important to educate ourselves on the dangers of credit card scams. Refer to the guide to boost your financial literacy and better protect yourself from financial attacks.