Be careful with your money this festive season
Make sure you know your bank’s emergency numbers, in case you experience trouble at the ATM or your card is swallowed by the machine or your card is stolen or lost.
The festive season is a time when most people spend their money.
Here are a few tips to keep you and your money safe.
• Avoid carrying large amounts of money.
• Do internet transfers or use mobile banking options like ewallet or cashsend if you want to send money to loved ones.
• Where you can, shop online from reputable websites.
• Rather swipe at the till for your purchases.
• Remember you can also withdraw money at the till. For most banks, it’s cheaper than using the ATM.
Also read: How can people save money?
• If you must go to the bank for a withdrawal, go with someone you trust.
• Always keep your pin a secret and cover the buttons when entering your pin number at the ATM.
• Avoid going to withdraw money after hours, as some ATMs may be dark and you are an easy target for thieves.
• Do not accept any help at the ATM. Rather call a bank employee to assist you or the security guard.
• On the drive home, be on the lookout for anybody who is following you
• Make sure you know your bank’s emergency numbers, in case you experience trouble at the ATM or your card is swallowed by the machine or your card is stolen or lost.
Also read: No better time to take control of your finances
ABSA: 0800 111 155
FNB: 0800 110 132
NEDBANK: 0800 110 929
CAPITEC: 0860 102 043
STANDARD BANK: 0860 020 600
POSTBANK: 0800 535 455
OTHER BANKS: 0800 110 132
•With most banks, you also have the option of blocking your cards on their banking app. Familiarise yourself with all that you can do via the various banking apps.
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