Tag Archive | "identity-theft protection"

4 Ways of Protection from ATM Thieves

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ATM is a very common machine in banks and it helps you to deal with your money 24 hours a day. It facilitates the bank costumers to withdraw their cash any time by using ATM. Where there are many positive aspects of this machine, there are also some negative points like there are ATM thieves who steal your PIN and account number using remote devices. ATM skimming is a crime and it is too hard to detect.

Loss from ATM crimes

In a research experts reported that losses from skimming are approaching one billion dollars. These criminals use your credit card or debit card PIN or your ATM card PIN code. Mostly costumers are not aware of ATM tampering.

Electronics used by ATM thieves

ATM thieves normally use two devices to capture your PIN and card data.

·     A device is near where you swipe your card and that device reads the magnetic stripe on your card with your account number.

·     A hidden camera which captures your PIN code

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The World’s Six Most Exclusive Credit Cards

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Mostly the Credit card companies always love to issue premium “gold,” “platinum” or “black” cards, as the elite cardholders rack up big bills on their credit cards.

Here are the samples of some of the most exclusive credit cards which are hardest-to-get and offering the biggest benefits to their cardholder.

 

1. American Express Centurion

Card’s Annual Fee: The annual fees of this card are $2,500. In addition to this an initiation fee of $5,000.

Requirements of the card: Cardholder has to spend $250,000 minimum.

Frequently it is regarded as the most important one in its category, there are many benefits offered by the “black card“. With it you can enjoy 24-hour concierge service, at hotels room upgrades is offered by it and it also gives you a membership to the company’s “By Invitation Only” program, this membership provides you an access to sporting, culinary and cultural events, including New York Fashion Week.

2. Bank of America Accolades

Card’s Annual Fee: Its annual fee is $295. boa  accolades

Requirements of the card: A cardholder must have at least $200,000 in assets with Bank of America.

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