Is it safer to use a debit card or a credit card online?
Although you may be aware of potential risks, you may be considering shopping online with your debit card or credit card. Financial institutions may monitor account activity and decline transactions they find unusual. If you’re curious about you card issuer’s specific security procedures, customer service specialists may be able to provide you with information.
Debit card and credit card security when shopping online
Credit and debit cards usually have similar components: the accountholder’s name, card number (usually 16 digits), expiration date and CVV code (usually three or four digits).
Online storefronts do not typically require much information to charge your credit card or debit card. Similar information is typically required:
- Name on the card
- Full card number
- Expiration date
- CVV code
- A billing address that matches the cardholder
The name, card number and CVV code are usually unique to your card. Entering this information to complete a transaction online helps make sure the correct card is charged. Because this information is often requested for debit and credit cards alike. it may be helpful to learn more about fraud protection policies of the issuer of your debit card and credit card when deciding which you want to use for online purchases.
How does Chase monitor debit card and credit card purchases?
If you have a Chase product, please visit our Security Center to learn more about the steps we take to help keep your information safe.
Should you use credit cards or debit cards online?
While most websites accept both debit and credit cards, deciding which card to use is not always straightforward. The decision might depend on your own lifestyle, spending habits and general financial goals. If you are interested in security features of your debit card or credit card, your card issuer can usually provide information.
In conclusion
Although there may be risks associated with shopping online, you may be wanting to use your debit card or credit card. Financial institutions may offer features to help you monitor your account. Account alerts may be useful in keeping you aware of important activity on your card.
