Thursday, December 18, 2008

Axis Bank Magnet Loyalty Credit Card Safety








Magnet Loyalty Credit Card Safety

Protect yourself from credit card fraud by following these simple rules:

* As soon as you receive your new credit card, sign on the signature panel.

* Keep a copy of your credit card details in a safe place.

* Destroy your old credit card by cutting it through the magnetic stripe.

* Keep a track of your statement mailing schedule and notify Bank upon non receipt.

* Report loss of your card to the Bank immediately.

* Do not hand over your card to anyone other than the merchant when making a payment.

* Ensure that the merchant does not swipe your card on any device other than the cash register or processing terminal.

* Do not sign an incomplete charge slip.

* Collect your card immediately after the transaction is complete.

* Maintain strict confidentiality. Do not disclose your credit card number while responding to any mail.

* Protect your card from direct sunlight or magnetic fields.

Magnet Loyalty Credit Card Verified By Visa

Verified By VisaWelcome to Axis Bank's Secure Internet Payment System

Verified By Visa(VBV) is an easy to use, secured online payment service from Axis Bank that lets you shop securely online with your existing Axis Bank Credit Card. This service through a simple checkout process, confirms your identity when you make purchases on the Internet.

Through a personal assurance message it also reassures you of the authenticity of the online store.

Magnet Loyalty Credit Card : Cover Details And Claim Procedure

Personal and Air Accident Cover In the unfortunate event of loss of life in a mishap, the customer's beneficiaries will receive the benefits of accident insurance. The Personal Accident cover is valid only if the card has been used at a merchant establishment or at an ATM (Automated Teller Machine) for cash withdrawal at least once in the 90 days preceding the incident.

Zero lost card liability If your Magnet Loyalty Credit Card from Axis Bank ever gets lost or stolen, you are protected against fraudulent purchase transactions from the moment you report the loss to Axis Bank. You must also confirm the loss in writing to Axis Bank as soon as possible. Please confirm the loss in writing to:

Credit Card Operations, Axis Bank Limited, Solaris 'C' Wing, Saki Vihar Road, Mumbai - 400072 India

You are required to file a police report for the lost/stolen card. Axis Bank will arrange to replace your card as soon as the instructions are received in writing. If you recover your card after you have reported its loss, please do not attempt to use it. Instead, please destroy the card by cutting it into several pieces through the magnetic strip.

No comments: