Myth: ATMs Are Dangerous Because Someone Could Be Trying to Steal Your Info
Truth: People have reported scams in which ATM card readers “skim” the info from your account to gain access to your finances, but that doesn’t mean you can’t use ATMs anymore.
Be alert by regularly checking your accounts for suspicious activity, and keeping your eyes out for anyone who tries to “help” you at an ATM, a machine that doesn’t look quite right or unusual signage that tells you to swipe in a different sort of way. (The New York Times has more tips on spotting an ATM skimmer.) If your card isn’t returned immediately after your transaction or after you’ve pressed cancel, tell your bank right away.
If you do find yourself a victim, your bank should reimburse the money that was lost. If you're unsure of your bank's policy on fraud, we recommend calling to make sure you're covered before something goes wrong.