Category: Credit Cards

The Most Common Phishing Scams and How to Avoid Them

Phishing Scams

The Most Common Phishing Scams and How to Avoid Them

Phishing is a common term for the unfortunate schemes hackers and online criminals use to lure users into giving their personal information. Typically disguised as familiar online activity, these scam artists have cleverly found several distinctive ways to attempt to trick YOU into handing over your private details. Be on the lookout for these common phishing scams next time you’re roaming the web!

  1.   Foreign Lottery Scam
    With this tactic you generally receive an email informing you that you have just won the lottery of some far-away land! To obtain these exorbitant funds you simply have to send a small fee to cover the transfer cost. A simple online search will show that this thrilling lottery is no more than phony website with a long distance phone number. Typically if the sending address doesn’t look familiar, or if you have not applied to any foreign lotteries, it will be a dead giveaway that this email is just an attempt to get your information and your money.
  1.   Survey Scam
    Do you like supporting the humane society or other animal organizations? This scam takes advantage of your online history and sends you a survey to submit your opinion on issues that matter to you. Instead of using your responses on animal treatment, this system discovers your email address, and other relative personal information, to hack your account and send out further spam emails.
  1.   Online Banking Scam
    Most phishing schemes disguise themselves as something familiar, often as PayPal or even your personal bank. This particular scam typically indicates that some type of immediate action is needed, and your financial account is at risk. Before sending any type of reply communication, check the source of the email, and call your personal contact at the organization to see if the email is legitimate. If you question the validity of any portion of the email, delete it and call the company this con artist is attempting to masquerade as ASAP.
  1.   Clickbait
    Social media has a hacking arena all its own. With links scattered across newsfeeds, it’s often hard to determine what is genuine and what is clickbait. Clickbait is a link generated using common controversial issues to get you to click on it. Once clicked, the link may switch to a Facebook login, where you login again. Unfortunately this false login page is a common maneuver by cyber criminals to get your social media login. Having this information, online criminals can now access your account and spam the people you are connected with.

If you think you’ve been a victim of an online phishing scam and your personal banking information has been compromised, call Titonka Savings Bank. We’ll help you watch for signs of identity theft within your personal bank accounts.

The Dos and Don’ts of Debit and Credit Cards

Deposit Account

This week we are excited to dive into the Do’s and Don’ts of Credit and Debit cards! Offering two very similar, but uniquely different services for your financial needs, these cards can help you to reign in your finances and grow your credit score when used properly. Learn all about these tips and tricks courtesy of Titonka Savings Bank.

Debit Card: A card issued by a bank, that is tied directly to a checking or savings account, which allows money to be electronically transferred from one bank account to another when making a purchase.


  1. Use for daily transactions. It’s always great to have a paper trail reminding you of your purchases.
  2. Balance your check book. Sometimes charges such as gas or dining can take several days to run through so be sure to keep track of your spending by balancing your checkbook weekly.
  3. Be careful when entering your PIN when others are watching.
  4. Sign up for Bolt$, a mobile app that allows you to receive fraud alerts & block & unblock your own card. (Available with a TSB Shazamchek Debit Card.)


  1. Spend more than you have in your account. Overdraft fees are no fun for anyone!
  2. Postdate transactions if funds are not readily available in your account.
  3. Give your PIN to anybody!

Credit Card: A small plastic card that is offered by a bank or other financial institution, allowing the card owner to purchase goods and services on credit.


  1. Use for online expenses through secured vendors. Many discounts may be offered online only and can save you and your family a bundle.
  2. Pay your bill in full each and every month, if you able to. You can avoid interest rates and other timely fees by not extending your balance over the next month.
  3. Use your credit card as often as you can to accumulate ScoreCard cashback. (Available with a TSB VISA credit card).


  1. Spend more than you have allocated for the month. Paying more for interest and other fees is money wasted.
  2. Open too many credit card accounts. Keep one or two cards that you use and pay each month to help boost your score.
  3. Max out your balance, even if you pay it off each month this can potentially damage your credit score and serve as a red flag to potential lenders.

Get started on your finances today with a secure credit or debit card from Titonka Savings Bank! We’ll help you understand the ups and downs of each and find the best solution for you and your needs.

Test Your Credit Card Knowledge

credit cards

Convenient, fast, and handy, it’s no wonder that 75% of Americans have at least one credit card to their name. Besides being convenient, credit cards can boost your credit score, increase your chance of securing a loan, and lock it in at a lower interest rate if you’ve got a boast-able number. If they’re so valuable, what do you actually know about this powerful little tool? Brush up your credit card knowledge with a quick quiz below (answers at the bottom):

1. Let’s begin. What exactly IS a credit card?
a. An instant bank loan you agree to pay.
b. Technology that lets consumers draw money straight from their checking accounts to pay for purchases.
c. The bane of your existence.

2. What does “APR” stand for?
a. Accelerated percentage rate.
b. Annual percentage rate.
c. Anticipated performance rate.
d. Average projection rate.

3. True or False: You’ll never pay interest if you pay your credit card bill in full and on time.
a. True.
b. False.
c. True – unless you use convenience checks or get cash advances.

4. Can your interest rate change at any time and for any reason?
a. Yes, but only after going through the Federal Reserve Board for permission
b. Yes, after giving consumers 15 days’ notice.
c. No. The issuer is bound by the terms of the contract, just like the consumer.
d. No, thanks to the landmark 1987 Supreme Court ruling in

5. Canceling a credit card does what to your credit score?
a. Increases it.
b. Decreases it.
c. Has no impact.

6. The interest rate on a variable rate credit card is based on what components?
a. Your average daily balance multiplied by the prime rate.
b. The collateral, the principal, and the late fee.
c. The prime rate, plus the federal funds rate.
d. The prime rate, plus a margin.

7. Which does NOT affect your credit score?
a. Payment history.
b. Amount owed.
c. Length of time you’ve had credit.
d. How much new credit you have.
e. The mix of credit types.
f. Whether you own versus rent your home.

8. Credit card finance charges can go as high as:
a. 3 percent
b. 13 percent
c. 23 percent

9. Every card has it: what does PIN stand for?
a. Personal Identification Number
b. Prior Investment Number
c. Provider Identification Number

1(a), 2(b), 3(c), 4(b), 5(b), 6(d), 7(f), 8(c), 9(a)

How’d you do? If you landed a 6/9 or below, it may be helpful to get in touch with one Titonka Savings Bank’s expert, who’ll help you make the most of your credit card habits. We’d love to hear from you!