Signing Up for Credit Card Fraud Alerts Can Pay Off

[bpagrawal]

Signing Up for Credit Card Fraud Alerts Can Pay Off
You know that email from your credit card company, inviting you to sign up for their credit card fraud alerts?
Well, in most cases this isn't spam, or a scam. And if you haven't already signed up, you should definitely think about it.
A credit card fraud alert can save you major headaches down the road by letting you know of suspicious transactions almost immediately after they occur, anywhere around the world. This prevents that unpleasant surprise when you open your monthly credit card statement and see a bunch of transactions you did not make.
Here are some things to know about credit card fraud alerts:
What are they? Your credit card company monitors all of your transactions. They know where you typically purchase goods and in what amounts. So if they start getting strange transactions (like a $300 charge at a gas station in Argentina, when you live in Omaha), the company may alert you and verify whether you made the purchase.
//http://www.lawweb.in/2013/03/signing-up-for-credit-card-fraud-alerts.html