Contact Us Español
Nymeo Federal Credit Union Go to main content
Protecting Yourself from Holiday Fraud December 3, 2024

The holiday season is a time for joy, giving, and celebration—but it’s also a busy season for fraudsters. With increased spending, online shopping, and charity donations, scammers find more opportunities to target unsuspecting consumers. By staying vigilant and following a few precautions, you can protect your finances and focus on what truly matters this season. 

Online Shopping icon

Be Cautious with Online Shopping

Stick to well-known retailers and avoid clicking on links in unsolicited emails or messages. If a deal seems too good to be true, it probably is. Always verify the legitimacy of websites before entering your payment information.

Use Secure Payment Methods

Choose payment methods that offer fraud protection, like credit cards or secure payment apps. Avoid direct bank transfers or wire payments, especially when dealing with unfamiliar sellers. Make sure you understand how to block your cards or turn on alerts in online banking too. As a Nymeo member, if you need assistance, reach out to us!

Scam icon

Look Out for Charity Scams

The holidays inspire generosity, but scammers take advantage of this goodwill. Before donating, research charities through trusted resources like Charity Navigator. Avoid providing payment information over the phone unless you initiate the contact.

Monitor Your Accounts Regularly

Keeping a close eye on your accounts can help you detect fraud early. Nymeo offers account alerts and a mobile app to make monitoring your transactions easy. Sign up for these tools to receive notifications of any suspicious activity.

Learn more about Nymeo’s Season of Giving

Take Action with Nymeo

Stay Vigilant! Join our December 10th webinar

Nymeo is committed to helping you stay safe from fraud. That’s why we’re hosting a Cybercrime Webinar entitled, “Cybercrime and You - Protecting Yourself is More Critical than Ever “ on Tuesday, December 10th at 12pm. In this free webinar, you’ll learn valuable strategies to protect yourself from scams, including real-life examples of fraud and practical tips to safeguard your personal information.

Join us to gain peace of mind this holiday season. Visit our website for more information or register here.

The holidays should be joyful, not stressful. By staying vigilant, taking precautions, and leveraging tools like Nymeo’s account alerts and resources, you can protect yourself and your family from holiday fraud.

  • Share:

Category: Financial Literacy & Safety

« Return to "Tutorial Tuesday Blog"

You may also like.

4/12/2022

Tips on Keeping Safe During Vacation

Last year, traveling during Spring Break still seemed like a bad idea due to COVID-19. This year, everyone is ready for a vacation. As we get excited to venture out whether during Spring Break or over the summer, we may lose focus on keeping safe.

Read more

Financial Literacy & Safety
Shredded paper
5/10/2022

Top Reasons You Should Shred

If you ever thought shredding was a waste of time, below are 4 reasons why you should do this at least once a year.

 

 

Read more

By NymeoFinancial Literacy & Safety
Up Arrow
6/7/2022

Avoid Dynamic Currency Conversions When Traveling

When a merchant offers to convert your credit card transaction from the local currency into U.S. dollars, it might sound like a good idea because it is easier to but don’t be fooled. This is called dynamic currency conversion (DCC) and is an expensive and unnecessary fee for the cardholder.

Read more

By NymeoFinancial Literacy & Safety