Consumer Tips to Help Prevent Debit Card Fraud
To avoid becoming a victim of debit card fraud, the American Bankers Association offers these tips:
- Immediately notify your bank if your card is lost or stolen.
- If you have reason to suspect fraud, check your account balance right away by utilizing online banking or telephone banking.
- Use your body to shield the ATM keyboard as you enter your PIN.
- Keep your receipts to check against your statement.
- Keep a record of card numbers, expiration dates, and toll-free numbers for banks so you can contact the issuing bank easily in cases of theft.
- Mark through any blank spaces on debit receipts, including the tip line at restaurants, so the total amount cannot be changed.
- Know your limits. Many issuers limit daily purchases and withdrawals for your protection.
- Be wary of those trying to help you, especially when an ATM “eats” your card. They may be trying to steal your card number and PIN.
- Do not give your PIN to anyone over the phone. Thieves often steal cards and then call the victims for their PIN, claiming to be law enforcement or the issuing bank.
- Always take your receipts or transaction records with you.
- Do not leave your ATM card lying around the house or on your desk at work. No one should have access to the card but you.
- Check your bank statements often. Report unauthorized transactions immediately.