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  • News From Press The 5 financial secrets you should never reveal

    The 5 financial secrets you should never reveal

    Source: Mint Aug 1, 2017

    Words of advice like, ‘it is good to share’ and ‘sharing is caring’ often come up in conversations, especially when we are spending time with children. Whether it is lunch, toys or sweets—sharing can bring more joy, we like to tell them. While that may be true, it is not always so when it comes to information about your finances. So, while sharing has its benefits, here are five things you should never share with anyone—even your spouse and children.

    Card details: Information such as expiry date of your credit or debit card, its number, and your full name are prominently displayed on the card. Your name would be known to most people, but you should not share any other information printed on the card. It is printed there for you, not for others. These details are needed to carry out online transactions. And this information is the first level of security. Without access to it, there is no way to misuse your card. Safeguard these details and don’t reveal them to any unauthorised person.

    CVV: Every debit and credit card has a card verification value or CVV number on its reverse. This number is vital for completing online transactions.

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