ATM Scams Are on the Rise: 5 Simple Steps to Protect Your Money

ATM scams are becoming more common than you may think, this is why it is important to stay alert whenever you withdraw cash or access your account at an ATM. By understanding common signs and taking a few simple steps, you can protect your money and personal information.

Step 1: Watch for Signs of Card Skimmers

Card skimmers are devices criminals attach to ATMs to capture card information. Before inserting your card, check the card slot and keypad. If anything looks bulky, loose, or unusual compared to a normal ATM, avoid using the machine and notify the Credit Union.

Step 2: Cover Your PIN When Entering It

Always use your hand or body to shield the keypad when entering your PIN. Scammers may use hidden cameras or stand nearby to watch you enter your code. Keeping your PIN hidden makes it much harder for someone to access your account.

Step 3: Be Cautious of Strangers Offering Help

If your card gets stuck or the machine appears to malfunction, be wary of anyone offering assistance. Scammers sometimes pretend to help while attempting to see your PIN or retrieve your card. If there’s a problem, cancel the transaction and contact the Credit Union directly.

Step 4: Look for Unusual Attachments or Cameras

Some scammers place tiny cameras or false keypads on ATMs to capture information. Check for anything unusual around the screen, card slot, or keypad area. If the machine looks tampered with, do not use.

Step 5: Monitor Your Accounts Regularly

Even with precautions, it’s important to keep an eye on your account activity. Review your statements and transaction alerts frequently so you can quickly report any unauthorized activity.

Staying aware of warning signs and practicing safe ATM habits can significantly reduce your risk of falling victim to these scams. A quick check of the machine and a little caution during your transaction can go a long way in protecting your financial security.