BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these should be practiced when using a credit card?
A
Pay only the minimum balance since it is allowed
B
Throw away the receipt signed by you immediately after receiving from the cashier
C
Memories your PIN number and do not leave your PIN number in your wallet
D
Maintain as many cards as possible for convenience
Explanation: 

Detailed explanation-1: -Only two types of credit card transaction should require a PIN: Purchases at some stores when you’re traveling abroad. A cash advance at an ATM.

Detailed explanation-2: -Precautions for use of Debit / Credit Card Do sign your card on the backside, immediately on receipt from the bank. Always erase the 3-digit CVV number on the backside of the card. Memorize it for your use. Do not share your Credit / Debit Card numbers, PIN number with anyone, not even with the bank officials.

Detailed explanation-3: -Protect your Personal Identification Number (PIN). Memorize your PIN. Do not write your PIN on your ATM card or carry your PIN in your wallet or purse.

There is 1 question to complete.