What to Do When You Get a New Debit Card

Receiving a new debit card, whether for replacement, reissuance, or a new account, is common. Taking a few steps ensures the card is ready for use and remains secure. Properly managing this transition helps maintain uninterrupted access to funds and protects personal financial information.

Activating and Securing Your New Card

The first step after receiving a new debit card is to activate it. This can be done by calling the toll-free number on the card or letter. Activation is also possible by making an ATM transaction, such as a balance inquiry or withdrawal, or by logging into your bank’s online portal or mobile application. During activation, you may need to provide identifying information, such as the card number, PIN, or parts of your social security number, to verify your identity.

Once activated, take physical security measures. Sign the back of the card to deter unauthorized use if lost or stolen. Memorize your PIN and avoid writing it down or sharing it. Keeping your PIN confidential and separate from your card helps prevent unauthorized access to your funds, especially at ATMs or point-of-sale terminals. These actions ensure the card’s functionality and safeguard your account from potential fraud.

Updating Your Card Information

After activating your new debit card, update its details across services where your old card information was stored. This prevents interruptions in recurring payments and ensures smooth online transactions. Many individuals have automatic payments set up for utilities, streaming services, loan payments, gym memberships, or insurance premiums. Updating your card information for these services helps avoid late fees, which can include flat charges or percentages of the payment amount.

Update stored card information on online shopping websites for a seamless checkout experience. If you use mobile payment applications, such as digital wallets or peer-to-peer payment services, update the linked debit card details. Most platforms allow you to log into your account, navigate to payment settings, and edit the card number, expiration date, and security code. Updating this information helps maintain continuity in your financial activities and prevents declined transactions.

Disposing of Your Old Card and Ongoing Monitoring

Once your new debit card is active and updated, properly dispose of your old card to prevent identity theft and fraud. Discarding the old card intact can expose sensitive information. Physically destroy the card by cutting through the magnetic strip, EMV chip, and card number. A cross-cut shredder that handles plastic cards works well, or use scissors to cut the card into many small, unidentifiable pieces, ensuring that no single piece contains complete information.

Beyond disposal, establish habits for ongoing account monitoring. Set up transaction alerts through your bank’s online platform or mobile app for immediate notifications of card activity or transactions exceeding a specific amount. This allows for quick detection of any unauthorized charges. Regularly review your bank statements and online transaction history to identify unfamiliar charges.

Under the Electronic Fund Transfer Act (EFTA), your liability for unauthorized debit card transactions is limited if reported promptly. Report any suspicious activity to your financial institution to protect your funds.