
keep paper and electronic copies of your account statements and put them in a safe place. check your account statements often to make sure all transactions are correct. Complete your transactions before answering anyone trying to get your attention retrieve your card quickly after a transaction. take your debit card and transaction receipt with you once you’ve finished a transaction. keep your debit card in sight at all times when making a purchase. hide the terminal or ATM keypad when you enter your PIN.
insert your card rather than swiping it during a purchase.To better protect yourself from debit card fraud, you may also: Protect your debit card and your debit card information It applies to both ATMs and in-store transactions.Ĭontact your financial institution if you think your limit is too high. Reduce your daily limitĪ daily limit is the amount of money you may spend or withdraw from your account each day.
If you share your PIN with someone, you may be responsible for transactions you haven’t made or approved. If you write it down, keep it in a safe place, away from your card or walletĬontact your financial institution and change your PIN immediately if you suspect someone knows it.
memorize your PIN rather than writing it down. Do not even share it with a family member or partner never share your PIN with another person. For example, avoid using your birthday, Social Insurance Number, address or telephone number as your PIN. Keep your PIN secretĬhoose a PIN that is hard to guess. Follow these tips to protect your debit card and your personal information. There are also certain actions you may take to protect yourself from debit card fraud. This helps protect you against fraud if someone steals your card. The computer chip works with your PIN to make sure you give permission for each transaction. When the card remains jammed, this person later removes your card and has your PINĭebit cards issued by financial institutions have a computer chip that makes transactions more secure. A helpful stranger then suggests that you try to put in your PIN a few times. using a device that jams your card in an ATM. sending you a fraudulent email asking for your banking information (also called phishing).
looking at your personal identification number (PIN) over your shoulder when you’re using your debit card.swiping your debit card through a device that copies the information stored on the magnetic stripe on the back of your card.withdraw money with an in-store purchaseĪ person might steal your debit card information by:.withdraw cash from an automated teller machine (ATM).Your information or your card is used to: Debit card fraud happens when someone steals or uses without your permission your debit card or debit card information.