PF Chapter 5 Lesson 5 Protecting Yourself as a Consumer

What is card fraud?

• When someone steals your debit card

• When someone steals your credit card

• When someone steals your personal information

• When someone steals your identity

What is a common method used by identity thieves to steal card information?

• Card skimmers at gas stations and ATMs

• Intercepting mail

• Online purchases on unsecured networks

• Donating to fraudulent charities

• All of these

How can you protect yourself from card fraud when making online purchases?

• Only purchase from trusted online stores

• Use public Wi-Fi for secure transactions

• Store your debit card information online

• Donate to reputable charities

What should you do if you suspect your card has been compromised?

• Contact your bank immediately

• Wait and monitor your account for unusual purchases

• Disable your card through a banking app

• Report the loss to the police

What is the best way to protect yourself from mail fraud?

• Check your mail for signs of tampering

• Avoid receiving bank statements by mail

• Contact the sender to freeze your accounts

• Donate wisely to reputable charities

Why should you check your bank account frequently when using your debit card at restaurants?

• To ensure your server swipes the correct amount

• To avoid going out to eat

• To report any fraudulent charges to the police

• To donate to charitable causes

What protections do debit cards with Visa or Mastercard logos have?

• Same fraud protections as credit cards

• Higher liability for fraudulent charges

• No liability for fraudulent charges

• Limited liability for fraudulent charges

What is the first step to take if your card is lost or stolen?

• Contact your bank to report the loss

• Cancel all your bank accounts

• File a police report

• Monitor your account for unusual purchases