A debit card gives you the convenience of paying in cash without having to carry wads of it around. Unfortunately, it also opens you up to debit card fraud. FICO reports that in 2016 the number of compromised debit cards increased by 70%, while the number of compromised ATMs and merchant terminals increased by 30%. That’s why it’s important for you to know how to protect your debit card.
Here are some of the risks to your debit account, along with some tips on avoiding them.