Debit Cards: Are They Safe Enough?

Monday, January 21st, 2013
Updated: January 21st, 2013
The content is accurate at the time of publication and is subject to change.

Debit cards are convenient in use but what if your debit card information is stolen? Will it be more damaging than having your credit card information stolen?

If your credit card number is stolen by identity thieves, they just have access to your credit card account. The worst thing that happens is that your credit card will be charged up to the limit, in which case you simply use cash to pay for things until you resolve the situation. It doesn’t cause any disastrous life problems.

On the other hand, if your debit card number is stolen by an identity thief, they have access to your checking account. And this may cause some major problems if you don’t resolve it immediately.

Here, checks can bounce, overdraft costs can occur, and bills don’t get paid. And the culmination of it can be complete absence of money on your checking account at moments when you really need it.

The convenience of the debit card may be risky. And if you want to minimize (or preferably eliminate) the chance that an identity thief can directly access your checking account try to follow these simple tips:

Try to use cash wherever possible. There’s no way any identity theft can occur.

Use a single credit card for different situations. Have one credit card that you use for online purchases and for situations where cash is unavailable for purchases. It can be a credit card which is tied to the retailer you use most often so you can maximize the “rewards” you get for using that card.

Pay off that credit card in full each month. Whenever that credit card bill comes in, try to pay the entire balance on that card. Any money left on that credit card balance just costs you more money.

If you want to avoid identity theft at all costs, the most effective way to do that is to minimize the places where you share sensitive identity information. If you do share such information, this should be the information that can be tightly contained and separated from direct access to your money.

Be sensible with your cards and you can minimize the impact identity theft can have on you.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Latest Prepaid & Debit Card News

Sunday, June 21st, 2020

At the beginning of May, Samsung announced its partnership with SoFi, an online personal finance company, aimed at the creation of a new bank product called Samsung Money by SoFi. And now the company revealed more details on the offer. First of all, it became known that Samsung Money will include two possible options: a […]

Friday, March 20th, 2020

Venmo, a PayPal’s subsidiary company, is expected to launch a new teen feature for its tap-to-pay debit card. Information about this appeared recently and has not yet been fully confirmed. A Venmo spokesperson’s comment was quite concise: “Venmo is constantly working to identify ways to refine and enhance the user experience. We frequently test product […]

Saturday, January 4th, 2020

The way people pay for things has changed over the past several years. Mobile payments, digital wallets, touchless credit cards, and online payments have all taken off, leaving that old-fashioned payment method, cash, in the dust.

Thursday, July 19th, 2018

When you’re booking a trip, how do you prefer to pay for it? If you said debit card or cash rather than credit card, you’re not alone.

Tuesday, January 30th, 2018

If opening up your mail brings a feeling of dread, because you don’t want to see how much you owe to which credit card companies, you’re not alone. Many Americans are struggling to get out of debt, and at the beginning of the year, credit counselor and financial planners often see a surge in the number of people seeking out their advice.

Best Credit Offer
Grow Credit Mastercard
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 4 / 5
Horizon Card Services Group One Freedom Card
Copyright © 2001-2024 All Rights Reserved.

See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions. makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that may be compensated by the credit card issuers when the readers apply for a credit card through this site. is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. does not review or list all available financial or credit offers.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.