4 tips to help you better protect your debit card

(Baonghean.vn) - Debit cards are the most popular means of payment and temporary money storage in Vietnam. Compared to credit cards, debit cards seem to be safer. However, in reality, debit cards are still very easy to lose money if a thief gains access to your account. And unlike credit cards, when you lose money from a debit card, there is almost no chance of getting it back. Therefore, you should keep your debit card secure according to the 4 tips below:

Use your ATM card wisely.

Cover PIN when withdrawing money

When entering your PIN at an ATM, you should enter it with one hand and cover it with the other. In addition to bank surveillance cameras, many scammers also install very small cameras in the cash withdrawal area to monitor cardholders' PINs. Or there will be people standing nearby who will peek at your PIN. Therefore, covering your PIN when withdrawing money is very necessary. In addition, you should also set a PIN that is difficult to guess instead of a common series of numbers or your date of birth.

Set up notifications with your bank

To avoid unauthorized account access, we can contact the bank to notify each time the account is accessed. The simplest is the SMS Banking service, notifying account balance changes when there is a transaction.

However, there is another simpler way: you should not keep too much money on your debit card. This helps that even if there is a risk, your loss is still very small.

Should use credit cards more

Where card payments are accepted, use a credit card instead of a debit card. Unauthorized transactions on a credit card are easier to recover, and you can detect and take action more quickly than with a debit card.

However, credit cards can also cause you to “overspend” and lose control when spending. Therefore, when using a credit card, you should pay attention to your spending level to avoid being “shocked” when looking at your monthly statement.

Be careful when shopping online

Online shopping brings us a lot of convenience, but it also has potential security risks. The advice here is that you should only transact on popular, reputable websites. Besides, you should also register for the bank's second-step security. For example, in addition to your username and password, you need an OTP message every time you make an online transaction.

Another risk that can occur is if you visit malicious websites and get viruses that track and steal your personal information. Therefore, you should not visit strange websites, especially on smartphones.

Quan Le

(According to Yahoo Finance)