Bin checker is an online tool where you can enter your 16 digit credit card numbers to get the nature of the card, the issuer of the card and further details. These days almost all the banks provide you with fancy credit cards for travel, shopping, car loans etc., they issue it for free initially and you don’t realize the risk involved with it. There are many people whose cards are stolen and made duplicates; their savings are lost within minutes. To earn that money, you must work the whole year.
The advancement of technology has spoiled the minds of shoppers. You have a credit card and you don’t know how to use it. Investors and economic geeks advise not to use more than one credit card at a time. Keeping your card safe is your high priority and it’s better for your financial future. One, who wants financial freedom, uses the card with no prior knowledge and ends up in trouble.
Keep changing your transaction password and always make a transaction using OTP through your mobile phone. It is tough initially to keep things in one place, but if you follow the routine of safety measures then it’s easy. Never shop using your card at illegal places, many people buy drugs or liquor at the local stores and pay them using credit cards while poses a high security risk. Never lend your cards to your friends because they may not use it under control. It’s risky to swipe your credits at local store for goods, use cash when necessary. Almost all merchants do have POS devices with them linked through GPRS or 3G mobile connection, but the risks are higher. Keep separate cards and never buy more than one credit card. If you have more money, invest in business or lands to be safer. It depends on whom you transact your money and identify the right person who wants your goods. Its a good idea to check a card with bincheck to avoid any problems.
Swapping of cards is possible in ATM also; there were several incidents at the ATM where people got cheated easily. Check your cards and make a note of your investments, check every month where you kept your money. Check using BIN Checker if you got doubts of your card, 16 digit numbers on the card tells you the origin and other details that you want. Make it habit to check and never fear to lose money. As warren buffet says, invest your money in good ideas and spend the rest.
Never buy too many credit cards which you can’t afford. Because managing them is too much time and you have to run to the banks every time. Have one credit card and one debit card if necessary, if you need money ask your friends and repay them. When you have everything to pay on cards, keep some money with you as cash in hand. It’s not old fashioned to keep money in wallets after all as lot of people these days think that way.