Did you use any debit card?Currently I’m using a Public Bank debit card visa electron or easily known as PB Visa debit card.Well, as we all know using a debit card is not the same using a credit card.To put it simple, credit card allows you to spent money that you don’t have but debit card do not work like credit card.Debit Card only allows you to spent on card balanced that you put inside the card.Some banks make it 2 in 1 debit card together with checking account (ATM card) such as Maybank.I do prefer separate account like Public Bank since it is more risky to have your debit card account link directly to your checking account.If you lost your debit card,or get into debit card fraud it means you in trouble since it is linked to your checking account.All your money will be wipe out just like that.In the other hand, PB Visa that i currently in use is a separate card from the checking account (ATM card) but still i can easily transfer from one account to another through online banking transfer.If my debit card lose, i might not lost all my money other than what i had transfer into the debit card.

Many says that using credit card is actually safer than debit card.It simply because credit card whenever involve in fraud, theft or lost card, you can dispute the charges and you’ve lost nothing.However, differently for debit card , if someone steals your debit card and pin, they can immediately extract the cash from your account.So, what’s the best action to take to prevent Debit Card Fraud?There is a way as precautions for your debit cards.Check it out:

1- Monitor your debit card account balance daily-make sure nothing fishy going on, payments and transfers
2-Watch out for unsecured bank sites-Not all bank sites online using the best security system
3-Make up fake answers to the personal security questions-this is tricky one
4-Never ever reply Email from your bank asking you to provide security information; such emails are “phishing” scams-so many credit card scam these days
5-Don’t use your debit card while traveling-This one a lot of people do use while traveling.Just be cautious ok!
6-Don’t put big-ticket purchases on a debit card-because it its not ok you can just dispute it
7-Beware of putting gasoline or restaurant bills on a debit
8-Don’t use your debit card on e-commerce sites. but use a credit card or Paypal account
9-Beware of “skimming-A way of getting your pin no using magnetic captures
10-Look at the policy the bank has in terms of fraudulent transactions-Maybe they don’t allow a dispute at all
11-Separate computer for online transaction and surfing the net

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