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Tips to Avoid Debit Card Fraud

Your debit card is as necessary to have on hand as your cell phone, but that makes it an easy target for thieves.
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At WyHy we want to help our members prevent debit card fraud by providing useful tips and information.

Here are some of the ways you can protect yourself from debit card fraud:
Keep your card secure:
  1. Always keep your debit card in a safe place, and don't share it with anyone. If you lose your card, report it immediately so WyHy can block it and prevent any unauthorized transactions. You can easily set up Card Controls on your WyHy Debit card through your WyHy Digital Online and Mobile Banking platform
  2. Use secure ATMs: When using an ATM, make sure it is in a well-lit and secure location. If you notice anything suspicious about the machine, don't use it. Check out this great article from the FBI about ATM Skimmers.
  3. Monitor your account: Keep an eye on your account balance and transactions regularly. This way, you can quickly identify any unauthorized transactions and report them to WyHy.
  4. Use a secure payment method: Use your debit card only at secure payment terminals, such as those found in stores and online. Avoid using your debit card for online purchases from unknown or unsecured websites.
  5. Set up account alerts: WyHy offers account alerts that can be sent via email or text message. These alerts can help you keep track of your account balance, notify you of large transactions, and alert you to any suspicious activity.
  6. Be cautious with your personal information: Never share your personal information, such as your debit card number, PIN, or social security number. Don't give out this information over the phone or via email. Remember, WyHy will never call or email to ask you for your banking information.

By following these simple tips, you can help protect yourself from debit card fraud. If you suspect that your debit card has been compromised, report it immediately to prevent any further unauthorized transactions.

At WyHy Federal Credit Union, we take the security of our members' accounts seriously, and we're always here to help. If you are worried about fraud you can always reach out for some help! Because like we say, we’re with you.