Having paper statements sent between your address and the bank invites the possibility of mail theft, so consider using your bank’s website primarily. Keeping track of your bank details online can also be more convenient. If you do prefer getting physical copies of your account, it’s a good idea to know when they should arrive. This way you can pick them up promptly and alert your bank if you don’t get them as expected. And, of course, shred all paperwork before discarding.
2. Be Aware of What You Share
You should only give your account information for transactions if you know the company or individual you are dealing with. Be especially careful if you are operating the transaction via phone, text or online. Don’t give anyone your PIN, avoid ATMs that look out of place and only access your account from secure URLs and WiFi connections.
3. Use Strong Passwords
It may seem obvious, but one way to ensure your security is to come up with a password other people can’t guess. It’s generally not a good idea to make your password something as obvious as your birthday or your significant other’s name. Try to create a series of numbers, letters and symbols you can remember but others wouldn’t necessarily think of. Be sure you also cover the keypad when you type in your PIN or password and change them regularly. Lastly, set up security questions only you know the answers to for prompting you to change the password or to access the account.