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Money Matters with Moxie
MONEY MATTERS WITH
Tips for Keeping Money Secure While Traveling
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Going on a trip? Whether you’re traveling for work or pleasure, keeping your money safe should be a top priority. Here are a few ways you can keep your finances safe while you are away.
1. Let us know Sometimes, purchases made in an atypical location may freeze your account due to security protections enabled on your account. Before you leave, let a member service representative know where you’re headed to and for how long, so that your trip can truly be smooth sailing. (Pro Tip: Use the Location Services in the My Mobile Money and SC Telco Credit Card Apps to give us the digital “heads up” you’ll be away.)
2. Use your apps While we’re talking about apps, did you know that My Mobile Money has a few features that are worth their weight in Traveler’s Checks? Turn your card on or off, get fraud alerts, or set amount notifications. These are just a few ways to manage your card while on the road.
3. Use credit cards Compared to a debit card, credit cards can be a safer payment option while you’re away. The reason: Debit cards are linked directly to your checking account, so if stolen, the thief could potentially drain your entire account. On the flipside, credit cards are not connected to a pool of funds, and if stolen, the charges can be disputed with the credit card provider.
4. Keep a money stash While traveling, one of the most important assets you have is cold, hard cash. But it’s important to not carry your money all at once, and don’t put what you do carry all in one place. Spread it around. Put a bill in your shoe; carry some in a concealed pocket; leave some in the safe at the hotel. That way, in the unfortunate event that something happens to your purse or wallet, you can have peace-ofmind knowing you still have cash stowed elsewhere.
5. Take photos Take photos of your debit and credit cards. This may seem like an odd tip, but in the case you misplace your cards or they get stolen, these photos will provide you with the necessary information to report the cards stolen and cancel them. While you’re at it, grab a few snaps of your insurance card and driver’s license too — just for an added bit of protection.
