Tips to protect your debit card – Savings Corner brought to you by

0

Unfortunately, debit card fraud doesn’t seem to be going away. It’s a good time to remember how to protect your debit card. Here are the top ten tips for protecting your debit card.

  1. Do not share your debit card or PIN. Same with other people on your account. Each person on the account must have their own debit card and PIN.
  2. Be careful when shopping online. Make sure the website is not a scam website. You can tell by checking the “locked” symbol that will appear just before the URL in the address bar.
  3. Be careful with trial subscriptions. Read the fine print. Many trial subscriptions include an auto-renewal clause and your card will be charged a monthly fee.
  4. Keep your PIN in a safe place. Do not write your PIN on your card and do not keep it with your card. It is better to memorize it and not write it down at all.
  5. Immediately report a lost or stolen card to your financial institution. If you are a Coosa Valley Credit Union member, call the credit union during business hours to report. If after hours, call 800.500.1044.
  6. Keep your account information up to date so that your financial institution can contact you in the event of suspicious activity. Most calls confirming suspicious activity will come from an anti-fraud center or service. They should NOT ask for your full card number or PIN.
  7. Monitor your account activity and report unauthorized charges as soon as possible. Sign up for online banking alerts to notify you of unusual activity on your account. If you are a member of Coosa Valley Credit Union, you can do this for each account by clicking “Alert Preferences” on the account screen.
  8. Use financial institutions’ ATMs only in well-lit areas and protect your PIN from others and cameras.
  9. Never give out your card information in response to telephone or email inquiries. Your financial institution should never call or email you to ask for your card information.
  10. Pay attention to the card reader at ATMs and gas pumps. If anything looks tampered with, don’t use it. Criminals can place skimmers on ATMs and gas pumps to obtain your card information.

Following these tips will help protect you and your money!


Share.

About Author

Comments are closed.