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Home / Credit Cards / Is It Safe To Carry An RFID Credit Card

 

RFID, a.k.a radio frequency identification, credit cards are becoming more popular. The ability to simply tap your credit card against a reader and go about your day is both intriguing and convenient in the fast-paced world that we live in. In some European countries it is nearly impossible to use any other type of credit card. While the cards have their good points, they can be easily hacked, making it questionable whether these cards are truly safe to carry.

Why So Easy To Hack?

Unfortunately, these cards do not have the ability to recognize legitimate point-of-sale machines. The little scamps will emit their signal to any machine that will accept it. A clever identity thief can simple carry a hand-held credit card reader around and pass it close to your wallet or purse. If you have an RFID card, the reader will capture the signal and, viola, the thief has access to your account.

What Can Be Done

Fortunately, for those who have an RFID card, protecting it is fairly easy and inexpensive. A material called Tyvek blocks the radio signal from the card. This material is readily available online. You can choose to buy a bit of the material and make your own card protector or you can take the easy route and buy a ready-made one. There are Tyvek purses and wallets available as well.

Another way to protect your credit cards, whether they are RFID or not, is to monitor your account and statements each month. A little diligence can go a long way to protecting your credit cards and credit score.

 

About the author: Jerry Coffey

 

Jerry Coffey spent many years in a debt-riddled gray area somewhere between broke and desperately broke. His seemingly endless need for more and more cash led him to payday loans, repossessions, bankruptcy, and depression. After years of the same financial style, he heard a piece of advice that inspired him to find a way to change. The advice: ''The very definition of a fool is someone who continues to do the same things, but expects different results.'' This led him to a much more frugal lifestyle that sees all of his bills paid on time and a growing savings account. Even the seed of a retirement account has begun to sprout.

 

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