ATMs are a lifesaver when you need cash on the go, but they can also be a target for fraudsters, especially with the sneaky tactic known as skimming. Don’t let the bad guys ruin your day! Here are some friendly and practical tips to help you stay safe while using ATMs.
What is skimming?
Skimming is when criminals attach small devices to ATMs that capture your card information without you knowing. They might also use hidden cameras to record your PIN as you enter it. With this information, they can create counterfeit cards or make unauthorized withdrawals. Yikes!
Simple tips for ATM safety
- Pick the right ATM: Choose ATMs in well-lit, busy areas like credit union branches or shopping centers. Avoid isolated spots, especially after dark.
- Give the ATM a quick check-up: Before you start your transaction, take a moment to inspect the ATM. Look for any unusual attachments or devices. If something seems off, it’s best to find a different machine.
- Keep your PIN private: Use your hand to cover the keypad when entering your PIN. This simple action can keep sneaky eyes and cameras from capturing your information.
- Stay aware: Be mindful of your surroundings while using the ATM. If someone seems overly interested in your transaction, trust your instincts and move to a different location.
- Monitor your accounts: Regularly check your account statements and enable transaction alerts. This way, you'll be alerted to any suspicious activity right away, allowing you to act fast.
What to do if you’ve been a victim of skimming
If you suspect your card info has been compromised, don’t panic! Here’s what to do:
- Contact your financial institution
Report any unauthorized transactions and request to block your card immediately. They’ll help you secure your account. Safety tip: As a Rize member you have the option to turn your card off at any moment through the Rize mobile banking app in card services – card controls. - Keep an eye on your accounts
Regularly review your account activity for anything out of the ordinary. The sooner you catch unusual transactions, the better. Safety tip: Use the Rize app to create alerts on your account and be notified of any transaction type you set.
Using ATMs doesn’t have to be stressful. By following these simple tips and staying aware, you can enjoy the convenience of cash withdrawals while keeping your finances secure. Remember, a little caution goes a long way in outsmarting the scammers.