Even though we might not enjoy it, having a credit card is, in most of the times, a necessity these days. Not only for buying a house but also preventing yourself from running our of money when you least expect it, a credit card is something that we always carry with us – at all times. Of course, people are not aware of the drawbacks it might lead us to, but at the advantages – that are enormous. Let’s imagine that you planned in advance your vacation, you are already there but the debit card is all gone – what you have left is the credit card, which has plenty of money within it. What would be the most important to you – keeping those money in place or getting that object that has always been in your mind? Well, the answer would most probably be the second, due to the fact that ‘who knows when will I ever be back here?’. And this is quite understandable, if it was to be frank. Yet, from time to time it is extremely important to take some security measures, just to make sure that everything is okay. These being said, in case you are looking forward to knowing more concerning the subject, make sure to stick with us and keep an eye onto the following lines in order to see how to track your own credit card!
- Transaction Alerts
The vast majority of the credit card companies offer the possibility of signing for transaction alerts. This program provides you with a message on your phone whenever the card is being used for a transaction. In case of a theft, this alternative is imminent – just think how would it be if someone would use your credit card (and stole it from you beforehand) and you would know where, when and how much he got from your money. By this way, it would be way easier for authorities and the credit card company to identify the thief and provide you with your loss in no time. Still, bear in mind that it usually cost – so for the transaction alert you might be needed to pay up to $5 each month. Still, put in comparison with losing all of your money, it definitely is worth it.
- Internet Banking
Another program offered by the credit card companies, internet banking is extremely easy and fast to be used at all times. All you need is a device (laptop or smart phone) and a connection to the internet, at you are all set up! Whether you have already heard about it (and use it with your hands) or not, let us explain it to you, just a bit. Internet banking is quite the program used by the people working at the banks, and you can do anything through it from the very beginning. For instance, you can make transactions (without having to visit a bank for it), receive money, open economy accounts or spend money the way you like it. In addition, you can track your credit card to see whether or not it has been used by someone else while you were away, or just see how much money are there to be spent. Put in other words, internet banking is a great way to show you how much money you have left and how should you behave from now on, financially speaking. The best part of it is that, at most of the credit card companies, the internet banking is all free of charge – so you will not have why to pay something more, each month. It comes with the whole package. Still, do not forget to bear it in your mind and ask for it, since people might forget about it. In addition, you will need a nickname and a password, all secured and personalised on your own taste.
- Credit Card Debt Snapshot
Even though it is not something pretty to see, it is imperative that you keep track of your credit card spending – since all of these money go in the debt category. If you do not want to enter some financial rut, be brave and take a look at the credit card debt snapshot each month. By this way, you can analyse and identify whether or not there are some mistakes with the money that you owe, as well as if you are good in the table. In addition, if you have already started to pay back the credit card debt, each month you will just be extremely happy to see that the debt is cutting herself off. You will be covered not only in satisfaction, but also in some kind of relaxation – and whatever else might help you make it through the harsh period of owning a credit card debt. It is up to you know – what would be your choice?