With the facilities of the internet, unfortunately, virtual financial scams are increasingly common… But, with guidance based on the experience of experts, it is possible to avoid these inconveniences with your finances. Carefully understand 8 tips to avoid falling into fraud and financial scams and learn how to protect your money!

Learn to protect your money: 8 tips to avoid falling for financial scams

Online bank payments and transfers and all types of financial transactions can currently be carried out over the internet, electronic counters, mobile phone applications.

These facilities are great for everyday use. But, they require attention and protection, to avoid falling into scams that bring big problems. Let us help you protect your money!


Tip 1. Find out about the security of your cards

Know that most financial companies offer resources and services that the customer can hire to have more security when using the cards in stores or on the internet. For example, extra security codes, which must be provided. That way, you avoid falling into financial scams.

Also, for use in stores, some cards offer digital printing, that is, biometrics. Transactions are made only by confirming this authenticity and you protect your money much more!

Tip 2. Do not give passwords over the phone, by email or by text messages from cell phones and applications not authorized by you

Banks and financial institutions do not send e-mails or call customers to ask for confidential information, such as passwords. Therefore, never provide this data, as you may fall into a scam!


Never pass information through messaging apps like WhatsApp, text message or app that you didn’t authorize. This practice is becoming common today and has financially harmed people who do not protect themselves.

Tip 3. Turn on notifications so you don’t fall for financial scams and protect your money

Do you use banking or finance apps frequently? Then, trigger notifications that alert you about the use of cards or bank transactions.

Thus, any financial transaction that is made with your money, card or financial resources, the alert will arrive by cell phone immediately. In addition to controlling your finances, in cases of fraud or scams, you can take immediate and quick action!

Tip 4. Pay attention when buying online

Buying online is really easy, in addition to being able to take advantage of discounts. But, there are sites that can be used for scams or fraud.

Attention, because there are pages on the internet that want to steal personal data and financial data. Also, there are online stores and e-commerce that don’t deliver the product or service that people pay for.

Make the purchase on a website with the security seal, which has the padlock symbol at the beginning of the electronic address. In addition, shop online at well-known and recommended sites that provide the company name, company records, address (such as street or avenue), phone number and other data to ensure your safety.

Tip 5. Do not save card or financial data on websites

There are recurring payments like subscriptions. But for non-recurring online payments, don’t save credit or debit card details or financial information. Doing so can cause data and information theft.

Also, be careful with the CVV of cards. Therefore, avoid and apply this tip so as not to fall into financial scams and protect your money!

Tip 6. Do not use public or free networks to make financial transactions over the internet

Avoid using your cell phone or Internet connection over free or public networks. In that case, you may have financial data or personal information shared and saved. Always prefer reliable internet networks, such as your residence, for example.

Tip 7. Be careful when discarding the cards

Traditional credit cards should be completely unused if you are going to part with them. For example, don’t throw it in the trash. Before throwing it in the trash, completely break the card and cross out the data, mainly the numbering, the expiration date and the CVV (bad people can use and make purchases over the internet with your card).

Tip 8. Don’t lend cards or give financial information to others

It seems like a simple tip, but many people still do it. Even for trusted people, it is not recommended to pass data and financial information, lend cards to third parties. These questions are confidential and we must follow this rule.

More tips to avoid falling for financial scams

  • Update financial transaction apps. By updating the apps, your data is still protected.
  • Keep your registration with financial institutions and banks up to date. Thus, you guarantee security.
  • Do not give anyone your credit cards or financial information, even if they are unused.

With the 8 tips to avoid falling into financial scams, you learn and guarantee the protection of your money. And remember: any suspicion must be immediately communicated to the companies responsible for the financial services or products and, if necessary, notify the authorities.

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