by Tricia
Sherri left a comment yesterday about an experience she had. I thought it brought up a great point, so I’m posting it here for everyone to see…
This is unrelated to your post, but I wanted to pass this information on to you. I’ll try and keep it short!
My credit card information was compromised via US Mail approximately 1 week ago. I immediately called my credit card company, they froze my account, and issued me a new card. I am fortunate that no fraudulent charges went through. However, I would not receive my new card for 7-10 business days (I wasn’t willing to pay an express shipping charge).
I use my credit card for all purchases and pay it off each month. Without my credit card, I was left with the only “liquid†money I had, which was in my brick-and-mortar bank account, and I could access it with my debit card. I don’t keep very much money in there since I transfer much of my salary into my ING Savings account. Luckily the amount of money in my brick-and-mortar bank account was plenty to cover several unexpected expenses that occurred the past week, but it easily might not have! It was an eye-opener for me that I either need to keep more money in my brick-and-mortar bank account (can be accessed virtually immediately), or I need to have a back-up credit card!
Just thought I’d share my experience in case it might help you or someone else reading this!
Sherri is right. It is important to not have all of your eggs in one basket, so to speak. Thanks for sharing your experience and glad to hear there were no fraudulent charges! 🙂
