How to save money on travel and protect it?

Avoid Catastrophic Vacations with These Safe Travel Tips.

When you travel, you are thinking about seeing the sights and having fun. However, if you relax your vigilance during your holidays, you could put your money at serious risk..

Thieves are always looking for unsuspecting tourists, waiting for the opportunity to steal wallets and other personal items, such as smartphones and other gadgets. A survey commissioned by Experian’s identity theft protection service found that 39% of respondents were victims of crime during tourist trips.

Fortunately, there are several things that can help answer the question “How to save money on travel?” If you follow these safety recommendations, you can safely enjoy your free time..

Let your bank know that you are traveling

Banks often have sophisticated fraud monitoring systems, so they will note purchases made outside your usual geographic area. If you live, say, in Moscow and use your debit or credit card while traveling to the Crimea, the bank may assume that these purchases are fraudulent and freezes your account.

For best results, tell your bank when and where you will travel. This will allow you to continue to spend money, because he will not perceive your purchases as fraudulent. In addition, make sure that the bank has your current mobile phone number so that it can contact you if you suspect fraud..

Lighten the load on your wallet

Before you go, do not forget to set aside time to remove from your wallet everything that you do not need on a trip, whether it be additional credit cards or discount cards and coupons. Uncover your wallet. Then, if it is stolen, you will have to recover only a couple of cards, and not the whole pack.

Leave important documents at home

If you want to protect your money, be sure to leave important documents, such as SNILS at home. Losing items that contain invaluable personal information will make you very susceptible to theft of your funds and other forms of fraud (for example, taking loans in your name).

If you need to take a passport to travel abroad, think about keeping it locked in a hotel safe, not in your bag or pocket when you are sightseeing.

Keep a record of some documents

Scan your passport, driver’s license and other identification documents before you travel and send them by e-mail to yourself and your family member or close friend. If you lose important papers, having electronic copies will save time and money..

You must also create an inventory of everything in your wallet. You can scan your credit and debit cards or record account numbers and contact information for your banks to help protect your own wallet. Follow this travel safety tip and you will know what you are missing if your wallet is stolen. Then you can block the necessary accounts in a short time if thieves receive your cards.

Do not store cash in one place

If you take cash with you when traveling, do not store all this in one place if you want to keep your money safe. Keep cash in your wallet, front pocket or money belt – and put the rest in a safe place, such as a locked safe in your hotel room.

Make sure you do not put cash in your luggage. If you put part of your savings in carry-on baggage, keep in mind that you may be asked to check it before boarding if the bag weighs too much. So be sure to collect your money before your baggage or baggage is inspected. This is one of the most important and simple rules on how to save money on travel..

Be careful where you get cash

If you need money while traveling, be careful where you get it. Use only ATMs that are located inside the bank or directly related to its building, because they will be under better supervision. And avoid any ATMs with open parts or signs of hacking, as well as devices in the card exit hole. In other words, beware of anything that makes it easy to access your card information..

If you are traveling abroad, also avoid exchanging money at tourist destinations such as airports, because you will have to pay higher fees. You can pay a much lower exchange fee by converting currency at a local bank.

Sign up for account alerts

Your bank will probably be offered the opportunity to sign up by email or in the app for notifications of possible fraudulent activities with your account. For example, online banking allows account holders to receive alerts when transactions are made above a certain amount in dollars or when an account balance falls below a certain threshold.

These alerts can help you monitor your account and accurately identify any unauthorized transactions. Remember to register with your personal bank accounts before you go on vacation so you can detect any fraudulent activity and act quickly to keep your money safe. Also do not turn off regular SMS alerts about your operations.

Do not use public Wi-Fi to access accounts

Using public Wi-Fi to surf the Internet from your phone while traveling can seem like a pretty smart and profitable move. First of all, you are satisfied that you do not exceed the tariff limits of your gadgets and generally save on data transfer.

But you can put your finances and personal information at risk if you log into bank accounts using public Wi-Fi. This is because hackers have several ways to penetrate the Internet connection – even in hotels – and intercept the information that you transmit.

Cellular signals are harder to crack, and therefore require a higher criminal skill. Thus, although the phone is not 100% secure, you are much less likely to be hacked in this way..

Keep your phone password secure

Make sure that your phone is password protected and that financial account applications have strong passwords with a combination of uppercase and lowercase letters, numbers and other characters. Following this advice makes the gadget more difficult prey for thieves, because they will have to try to gain access to your personal information if your phone is stolen or lost.

Do not make your wallet an easy target

While it’s important to take steps to avoid high-tech ways to steal information about your bank account, make sure that you do not make crime easy for thieves. Think that no one could get your money in the old-fashioned way – stealing your wallet because of your inattention and irresponsibility.

Women should keep their wallet at the bottom of the bag, which can be closed with a zipper or rivets. Men should keep their wallet in the front pocket, not in the back, where you can easily grab it..

For a safer solution, choose to carry money in a bag or garter on your neck. The pickpocket problem has become so serious that money belts do not seem to work. Thus, a bag that is around your neck is the best option because it is hidden under your clothes, which is much more effective. Never keep in your pocket more than one bank card and a small amount of local currency.

Be vigilant in crowded places

Be careful to keep your money safe in public places such as metro and train stations. Try to also be vigilant towards people who are trying to distract you by asking for directions or pushing, mistakenly hugging and hailing you. They can work in tandem with another person who grabs a wallet while your attention is focused on a fake person.

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