Financial responsibility- Fraudulent Activity

How often should you check your bank and credit card accounts?

• Once a year

• Every month

• Often

• Only when you receive a statement

What is a sign of a fraudulent charge on your credit card statement?

• A charge from a company you recognize

• A charge for an amount you did spend

• A charge for something you did not purchase

• A charge for something you did purchase

What should you do first if you think there's a fraudulent charge?

• Cancel your credit card online

• Call a friend

• Call your bank right away

• Wait for more charges to appear

What will the bank likely do after you report a fraudulent charge?

• Ignore your report

• Refund the fraud charges and send you a new card

• Ask you to pay a fee

• Close your account

How should you dispose of your old credit card after receiving a new one?

• Cut it up and throw it in the trash

• Keep it as a souvenir

• Throw it in the trash without cutting it up

• Give it to a friend

What is the best practice for creating a strong password for your online banking account?

• Use your birthdate

• Use a mix of letters, numbers, and special characters

• Use the word 'password'

• Use your name

What should you do if you receive an email asking for your banking password?

• Reply with your password

• Ignore the email

• Report the email to your bank

• Forward the email to a friend

Why is it important to regularly update your online banking password?

• It is not necessary to update your password

• To keep your account secure

• Because the bank requires it monthly

• To make it easier to remember

What is a secure way to receive your bank statements?

• By postal mail only

• Through unencrypted email

• Through your bank's secure online portal

• Over the phone

Why should you avoid using public Wi-Fi for online banking?

• It is too slow for banking transactions

• It may not be secure, exposing your data to theft

• Public Wi-Fi networks block banking sites

• It uses too much data