It’s tough to keep track of all the rules and regulations surrounding credit and credit cards, especially if you’re the victim of fraud or theft. Know how to protect your credit card, learn your rights as a credit consumer also how to safe credit card.

Credit card, ATM and Internet fraud can often be prevented. Most thieves use stolen credit cards within 48 hours. Call your credit card company immediately to report a lost card.

Limit your credit card losses

Different credit card companies have different rules regarding your responsibility for unauthorized charges. Know what these are when you get your credit card. If a thief uses your card before you report it as lost or stolen, you may be responsible for his purchases. Follow up your call with a letter giving your account number, the date the card was missing and when you called in the report.

Keep your credit safe

Be careful about how and when you use your credit cards. Never lend them to anyone, don’t give your numbers to anybody and never leave your cards or receipts lying around, no matter where you live. Heeding a few simple rules can save you from being a victim of credit card fraud or theft.

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Have you ever Apply for a credit card Or you already on your way to your second credit card processing? By the way, do you know it takes ages for you to get your credit card processed? 

Well, for starters let’s look into the credit card processing stage of your application and why does it take you ages to have that other credit card.

Credit Card Processing Stage

The first thing that your bank looks into in the stage of credit card processing is the account that you have in other bank credit card. Normally this part of the credit card processing stage—this is where people in banks get down and dirties with their records and other companies or banks records.

This would also include how long was the credit card processing stage when you applied for your other cards. This usually means that your bank is trying to find out how much your worth really is. This is the part where they categorize you in subgroups. This also usually means that it’s either you’re a good payer or they would have a have time chasing after you state to state.

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Perbadanan Insurans Deposits Malaysia (PIDM) fully protects depositors, whether individuals or businesses, holding conventional or islamic deposits, no matter the amount involved. You don’t have to pay for this protection and you don’t even have to apply for it.

Who is PIDM?

PIDM is a goverment agency established under the Akta Perbadanan Insurans Deposit Malaysia 2005 (Akta PIDM) to administer the national deposit insurance system in Malaysia.

What is Deposit Insurance?

Deposit insurance is a system established by the Malaysian Government to protect depositors against the loss of their funds placed with banks in the unlikely event of a bank failure. It is not a commercial of life insurance company.

How does it benefit you?

*PIDM protects your bank deposits
*Deposit insurance is provided automatically to all depositors.
*There is no charge to depositors for this protection.
*PIDM will promptly reimburse depositors should a bank fail.

What is the deposit insurance limit?

The Government of Malaysia announced a temporary deposit guarantee on 16 Octorber 2008 to cover all deposits held in member banks and certain finacial institutions. This guarantee protects deposits fully, no matter the amount involved, until 31 December 2010.

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Understand your need apply for a credit card. One of the disadvantages of modern times is that people cherish to acquire then multiplied things they don’t truly need. Zillion gadgets and services occurred targeting a far-flung bazaar of consumers and this emergence of many inventions somehow blinded tribe.

Since finances—especially money—is one of the uppermost concerns of divers nation, a wide array of cash management services and cash options emerged. One of the most visible among the unending line of fiscal management services expert are is the credit card.

Although numberless nation testify for the budgetary convenience you inspire when you apply for a credit card, sincere doesn’t mean that every financing convenience applies for you or for everybody power that matter.
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