How to keep your credit card details safe

How to keep your credit card details safe

Almost 20% of all deposits into online sportsbooks and casinos come from credit cards. This means that 20 out of 100 times the money used for gambling doesn’t actually belong to the player. 

What’s more, going back as recently as last year, it’s clear that credit card theft for the purposes of gambling in the UK is not uncommon. For example, last year a 13-year-old teenager in Lancashire stole his father’s card to bet online on football matches sports while only a couple of days ago, a woman stole her friend’s credit card to gamble online

According to Paul Hope, who is the Executive Director at the Gambling Commission, gambling with money that doesn’t belong to you is common and it “is known to be a risk factor for players, so we think there is a need for action”. According to the Commission, there are over 400,000 problem gamblers in the UK, and there is nationwide pressure for action to be taken to address this issue. 

Tips for keeping your credit card and details safe:

We at Superlenny want to help you stay safe always, even when using online payment methods. So even though the UK Cards Association states that credit and debit cards are an extremely safe way to pay, we are here to help you avoid any dangers that might put you at risk of credit card theft or credit card fraud. To do this, we’ve put together a quick guide for how to keep your credit cards safe.

Remember that your bank or card issuer will NEVER:

  • Call you to ask for your 4-digit card PIN or your online banking password, even by entering them into the telephone keypad
  • Send someone to your house to collect your cash, PIN, payment card or cheque book if you are a victim of fraud
  • Ask you to update your personal details by following a link in a text message
  • Ask you to transfer money to a new account for fraud reasons, even if they say it is in your name.

When shopping online: 

  • Research the retailer and make sure they are legitimate
  • Make sure the website is secure (look for ‘https’ in the url)
  • Use software and virus protection and use strong passwords
  • Don’t use public WiFi to log into your accounts, especially your bank account

General safety tips:

  • Never leave your credit cards out in the open, you don’t want to tempt anyone
  • Always cover your pin number when you are using your card
  • Tear up or shred receipts and letters with your financial details before throwing them out

For more credit card safety advice, you can check out the Fraud Financial Action website. Lenny’s top Tip: be smart and always be suspicious of random calls, texts or emails asking for any of your personal or financial information. Lastly, as already mentioned, be private with your belongings and even with the things you are throwing away. Better safe than sorry!