How to Prevent Debit Card Fraud

Debit cards make everyday spending easy, but unfortunately, they can also catch the eye of fraudsters. Debit card fraud happens when someone gets hold of your card number—and sometimes your PIN—and makes purchases without your permission. The good news? You can protect your information and keep your accounts safe by taking a few simple steps.

How Does Debit Card Fraud Happen?

Fraudsters have a few tricks up their sleeves when it comes to stealing debit card info. Here’s how it can happen:

• Card Skimming: Scammers use devices at ATMs or payment terminals to capture your card details and PIN.
• Phishing Scams: Fake emails, texts, or calls from “trusted” organizations trick you into sharing sensitive information.
• Data Breaches: Hackers steal card details from online platforms or stores where you’ve made purchases.
• Lost or Stolen Cards: If someone physically gets hold of your card, they can use it without your permission.
  

Since your debit card is linked directly to your bank account, fraud can hit your finances quickly. That’s why it’s so important to act fast if your card is compromised.‍

How to Protect Yourself from Debit Card Fraud

The best way to fight debit card fraud is to prevent it in the first place. Here’s how:

1. Keep an Eye on Your Accounts

Check your transaction history regularly through City National Bank’s online or mobile banking. If something doesn’t look right, report it immediately.

2. Turn On Card Alerts

Set up transaction alerts to stay informed in real-time whenever your card is used. It’s easy:

• Log into your online banking account or app.
• Go to the settings or alerts section.
• Set up notifications for things like purchases and ATM withdrawals.

These alerts let you spot unauthorized activity right away.

3. Protect Your Card Details

• Never share your PIN or card info.
• Cover the keypad when entering your PIN at ATMs or payment terminals.
• Shop on secure websites (look for "https://").
• Be wary of calls, emails, or messages asking for card details—they’re often scams.

4. Use Safe ATMs and Payment Terminals

Stick to ATMs and terminals in secure, trusted locations. If a machine looks tampered with—like a loose card slot—it’s better to avoid it.

5. Report Lost or Stolen Cards Right Away

If your card goes missing, contact City National Bank of Florida immediately. We’ll block the card and get you a replacement ASAP. You can also visit our Fraud and Security Center for more info.

Key Takeaways

• Debit card fraud can happen through skimming, phishing, or theft.
• Regularly check your account activity to catch suspicious transactions early.
• Turn on card usage alerts for real-time updates using your CNB online banking app.
• Protect your PIN and card details, and use only trusted ATMs and websites.
• If your card is lost or stolen, report it immediately to minimize potential losses.

Your security is our top priority. By staying alert and using tools like card alerts, you can protect your finances and bank with confidence. If you'd like to learn more about how to prevent debit card fraud visit the Federal Trade Commission Consumer Advice site. If you ever have questions or need help, please contact us.

Source: FTC.com

Please note: The content in this article comes from individual opinions and experiences. The content should not be taken as advice coming from City National Bank of Florida. City National Bank of Florida does not offer tax, legal or accounting advice