Acknowledge receipt of your new credit card via a phone call or written note, and sign on the reverse of the card before using it. Avoid using personal details like date of birth, vehicle number or telephone number when choosing a personal identification number PIN).  Memorise it, do not disclose it to anyone or write it down. Keep your credit card transaction slips for the month and check them against your monthly bill statement.  Inform your card centre immediately if there is any indication of fraudulent use. When making an order online or through the phone, always check and ensure that you are comfortable with the company’s privacy policy before proceeding. Inform the bank immediately if your credit card has been lost, stolen or if you suspect that someone else is using it. Inform the bank immediately if the new or replacement card has not arrived after a reasonable period of time.  Upon receiving the new card, cut up your old card and return it to the card issuer. Update your particulars promptly so that the bank can contact you to verify transactions. Be wary of e-mails that ask for your personal and financial information.  Under no circumstances would a bank send you an e-mail asking you to reveal your PIN or any account specific information.     This is an extract taken from The New Paper May 10, 2011. Source:  Commercial Affairs Department