DebitSavvy Blog

A new way to talk debit

15 Tips for Debit Card Security

Posted by DebitSavvy Team on October 8, 2013 Comments (0)
Topics: , , ,

Manage your money securely through debit

Managing your money through debit is smart. It provides convenient ways to access your cash and make a variety of payments, all while keeping your private information secure. But the reality remains that there are people out there looking for ways to access the sensitive information stored on your debit card. We want you to be prepared. Our 15 Tips to Debit Card Security will allow you to rest easy knowing you’re managing your money securely.

  1. Have your debit card ready as you approach the ATM. Don’t wait until you arrive at the ATM to begin sifting through your wallet to find it.
  2. Don’t use ATM machines that look to be in disrepair or altered in any way.
  3. Inform your financial institution ahead of time if you’ll be traveling to another country so your purchases during that time don’t appear suspicious.
  4. Register for alerts from your financial institution in order to be informed of any suspicious activity on your account.
  5. Cut up unused debit cards. If you receive a new card, make sure to destroy your old card.
  6. Always make sure you discreetly enter your PIN at the ATM or point-of-sale location. You can use your body as a “shield” to prevent onlookers from collecting your information.
  7. Never allow a cashier or other 3rd party enter your PIN for you, even if they are trying to help with the transaction.
  8. Carefully review your statements each month and lookout for any unusual activity.
  9. Don’t allow the magnetic strip of your card to come into contact with any magnetic objects like the checkout counter. It can clear the data stored on your card.
  10. Be conscious about where you store your card. It should be somewhere private and discreet. Avoid leaving it laying around at home or at work.
  11. If your card is lost or stolen, be sure to contact your financial institution immediately. The quicker you report it, the more options you have to protect yourself.
  12. Be smart with online transactions. Look for secure transactions symbols, like the “lock” icon in the lower right-hand corner of your browser window or websites that begin with “https.”
  13. Don’t share your card information via email. This is a common way for hackers to access your personal data.
  14. Be aware of your surroundings when using a public ATM. If you notice anything suspicious as you’re completing your transaction or as you’re leaving, don’t hesitate to call the police.
  15. Don’t store your PIN in your wallet or anywhere that can be easily found by others. In fact, it’s best to simply memorize your PIN and not keep a written record of it at all. You can read more on PIN security here.


Spread the Word