CreditCardsAct

All we became used to money machines long ago. These machines can now be found at most supermarkets, convenience stores and travel centers. They have a lot of advantages; they allow us to get money anytime and everywhere. But as all we know, we should pay for conveniences. If you don’t want to pay extra money to ATMs – learn more about this powerful technology.

1. About Safety

First of all think about your safety, when you withdraw  cash or perform other transactions; use only that ATMs that are located in heavily trafficked and well-lighted parts of town. After dark seek out a drive-through ATM if it’s possible. Even using drive-through ATMs, be very attentive, having noticed any suspicious characters – drive on and find more suitable place to withdraw cash.

Remember that with the technology progress, the thieves made a progress as well. Make sure that no one can see when you punch your secret code. Try to cover the keypad when you enter your PIN, be careful, thieves can install a tiny camera at money machine and record your secret code.

2. About overdraft protection

Remember, that not only thieves can rob you, your bank want your money as well. Keep your receipts if you don’t want to be robbed by your bank. The overdraft protection services are becoming more and more popular, and overdraft protection fees just keep rising

If you have an ATM card and a bank account it’s quite possible that they had opted you into these overdraft protection services. Remember that this “convenience” costs a lot.Just keeping an eye on your own balance you will avoid such fees.

3. About bank balance.

You can lose track of your true bank balance because of money machines. To know how much money you have in your account – balance attentively your checkbook every month. To avoid any unnecessary fees and charges keep all of your ATM receipts and carefully tuck them into your checkbook. Write each withdrawal in your checkbook and compare your balance with the bank’s.