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Does your bank allow you to turn off your debit card?

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  • Does your bank allow you to turn off your debit card?

    As I was driving in Los Angeles today I saw a billboard for Wells Fargo saying, "Lost or misplaced your debit card? Turn it off." When I got home I tried it and sure enough it gives me the option to turn it off. That's ingenious. It beats have to call the 1-800 number. I'm guessing more banks will follow suit if they haven't done so already. Does your bank have that option?

  • #2
    I just checked and yes, I can go online and lock my card.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
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    • #3
      My credit union facilitates this.
      "There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid

      "It is easier to build strong children than to repair broken men." --Frederick Douglass

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      • #4
        It appears so. My bank (USAA) gives me the option to "block or unblock" a card (credit or debit).

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        • #5
          I checked Chase and they don't have it, bummer. Maybe it's there and I just could not find it. I will have to look into it.

          And I haven't checked my credit card companies but I'll need to look into it as well. Being able to lock it myself is a good feature which they should have implemented a long time ago which makes common sense.

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          • #6
            Many of these conveniences start out with one of two banks and then spread. The banks I use do this one just added the option recently. Some companies are first to try others lag behind to see how it is received by consumers.
            I have never had a reason to use so far but I guess if something turned up missing or misplaced it seems like a good idea.

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            • #7
              But if you lose or have your credit/ATM card stolen you need to call them ASAP anyway. This turning off feature only limits the amount of money Wellsl Fargo is going to lose from criminals. Does little or nothing for the customer. Your not responsible for illegal charges anyway.

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              • #8
                Originally posted by Drake3287 View Post
                But if you lose or have your credit/ATM card stolen you need to call them ASAP anyway. This turning off feature only limits the amount of money Wellsl Fargo is going to lose from criminals. Does little or nothing for the customer. Your not responsible for illegal charges anyway.
                I disagree. If your debit card is compromised, the money is gone from your account. You will ultimately get it back but in the meantime, it's gone. Being able to turn off the card quickly before a criminal can drain your account will save you a huge headache.
                Steve

                * Despite the high cost of living, it remains very popular.
                * Why should I pay for my daughter's education when she already knows everything?
                * There are no shortcuts to anywhere worth going.

                Comment


                • #9
                  Originally posted by disneysteve View Post
                  I disagree. If your debit card is compromised, the money is gone from your account. You will ultimately get it back but in the meantime, it's gone. Being able to turn off the card quickly before a criminal can drain your account will save you a huge headache.
                  One of the good reasons for using a CC. (But we've mention that before...)

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