Whether you’re looking forward to a summer vacation close to home, on the coast or across the pond, you’ve probably been busy planning all the details of your trip. But have you thought about ways you can keep your money safe while traveling?
Nothing can spoil a vacation faster than becoming the victim of a thief. Here are a few tips to help you protect your cash, cards and personal information during your travels.
Before you leave home:
- Spend some time cleaning out your wallet. Remove any unnecessary credit cards, debit card and any other unnecessary items that could compromise your identity if lost or stolen — especially anything that includes your Social Security number. Leave your checkbook at home.
- For the cards you are bringing with you, be sure to check the expiration dates to make sure they aren’t set to expire while you’re traveling.
- Make copies of your driver’s license, credit cards, airline tickets and passport before your departure. If your cards are lost and stolen, it will be easier to report them. Keep the copies with you in a safe place separate from your wallet or purse, or you may prefer to leave the information with a trusted relative or friend that you can call if needed.
- Inform your credit card company of your travel plans so they aren’t suspicious of purchases made in new locations.
While on the go:
- Never leave money or other valuables in your hotel room or rental car. Whenever possible, use a hotel safe.
- When you must carry cash, only carry the amount that you’ll need for the day. Leave the rest in your hotel safe. You may want to wear a money belt securely beneath your clothing to carry extra money, credit cards or other important documents.
- Don’t keep all of your money and valuables in a single place, like a purse or wallet. Never carry a wallet in your back pocket.
- Keep your money out of sight. Don’t count it in public.
- If you plan to use an ATM, use one located in side a store, hotel or airport rather than one on a street corner.
- Contact your card issuer immediately if your credit card or debit card is lost or stolen.
- When you return from your vacation, review your credit card and bank statements as soon as possible. Don’t wait for your monthly statements to arrive. If you notice any suspicious activity, you’ll want to alert your bank and credit card companies as soon as possible.
These tips are provided by Iowa State Bank in partnership with the Iowa Bankers Association. If you have specific questions, contact your local banker at Iowa State Bank. Iowa State Bank is an Equal Opportunity Lender. Member FDIC.