Debit Card Security Tips
What is MyCardRules?
MyCardRules is an easy-to-use mobile app that lets you set card controls, add restrictions and receive transaction alerts.
How does MyCardRules let me manage my cards?
Just download the MyCardRules app from Google Play or the App Store. Then you can set a wide range of controls and alerts on your debit cards. For example, you can:
Turn your card on or off
Set transaction spending limits based on your preferences, including dollar amount, transaction type and merchant type.
Get instant alerts on certain types of transactions.
Set parental controls and monitoring.
Alerts will show up just like any other notifications you get on your mobile device.
Why is it a better way to manage my cards?
Because you can manage your card transactions all in one place, right from your mobile device. You have complete control of how, when, where- and WHO uses your cards.
Plus knowing that you've set rules, restrictions and alerts that meet your specific spending preferences adds another layer of fraud detection and prevention, and gives you added peace of mind.
Is it secure?
Yes, managing your cards with MyCardRules is safe and secure. Your account password is protected an highly encrypted.
How do I get started?
After you download the MyCardRules app, select "New User" and then enter your card information to begin registration.
Security Code (usually on the back of your card)
Once your account is created, you can log in and access the "Card Details" screen.
From this screen you can:
Turn controls on/off
Manage alert preferences
View recent transactions and more
Can I access MyCardRules from Grandview Bank Mobile App?
At this time, debit card controls are accessed through the MyCardRules separately from the Mobile Banking App.
I lost my Grandview Bank Debit Card. Can I turn it off within MyCardRules?
Yes. Once you've signed into the app, on the main screen under the card image is an "On/Off" toggle. Slide the toggle to "off".
*Contact Grandview Bank during normal business hours to permanently close the card if it has been lost or stolen.
Grandview Bank- (817) 641-3100
What happens when I turn my card off?
All transactions (other than recurring transitions) will be denied, giving you the flexibility to control when your card can be used.
What are Control Preferences?
Preferences allow you to specify how and when your card should be used. Options are Locations, Merchant Types, Transaction Types, and Spend Limits. (Please note: Spend Limits in the App don't override daily card limits set up by the Bank).
Set preferences to restrict usage to only predefined transactions. For example, if you wish to use your card within your city only, set your city as "My Region".
How do Location Preferences Work?
First, your Phone's location feature must be set to Allow. When My Location Preferences is ON in the App, in-store transactions at locations that differ significantly from your location will be denied. For example, if a company processes payment through a location out of the area, you may experience a decline. The App can determine where the phone is at any time, and uses it as an indicator of where you are. An in-store card transaction at a location far away from you is likely fraudulent. My Location control is an effective way to help deter fraud. Online transactions are exempt from this Preference.
Card Fraud Prevention Tips
HOW TO IDENTIFY AND AVOID DEBIT CARD SCAMS
Grandview Bank takes the safety of your accounts very seriously.
In our continuing efforts to keep your accounts secure, we’ve put together a list of the most common debit card scams to avoid. Remember, Grandview Bank will never ask you to share your personal or financial information. Visit www.grandviewbank.com and click on the “EDUCATION CENTER” for more security tips and alerts.
HACKING- Hackers can infiltrate an ATM’s software, compromising the machine in order to capture cardholder data and freely withdraw cash.
WHAT TO DO- It’s hard to determine if a particular ATM has been hacked, but you can minimize your chances of becoming a victim by only using trusted ATM’s and keeping abreast of local crime news.
Reviewing monthly statements also ensures that you notice any resulting fraud as quickly as possible.
SURVEILLANCE- Thieves can either try to steal you PIN by peeking over your shoulder or by hacking into surrounding surveillance cameras.
WHAT TO DO- Consider who might be able to see over your shoulder at your ATM of choice, whether they are within eyesight or they have a somehow hidden vantage point.
Also, don’t be afraid to be bashful, using your body to safeguard your PIN entry.
SPAM- Whether with spam email campaigns or more targeted hacking; thieves are capable of using our computers and Web habits against us in order to steal valuable account information.
WHAT TO DO- Make sure your anti-virus software is up to date, change your passwords regularly and avoid clicking on emails from senders you do not know or ads from companies you do not trust.
PHISHY PHONE CALLS- Scammers often employ a strategy know as phishing, whereby they call victims pretending to be their bank and ultimately try to get the accountholder to reveal private financial information.
WHAT TO DO- Just remember: Your financial institution will never call you to ask for confidential account information.
THREATS OF IMPRISONMENT- Fraudsters have been known to threaten people with jail time if they do not settle unpaid balances (e.g. back taxes) immediately.
WHAT TO DO- Do not pay or agree to pay anyone who contact you out of the blue. Ask them to verify their identity as well as the debit itself.
RELOADABLE PREPAID DEBIT CARDS- In some cases, victims receive a letter in the mail instead of a phone call. The letters are accompanied by a check with instructions to cash the check, to keep a portion of the cash for himself or herself, and to purchase prepaid reloadable debit cards with the rest of the money.
WHAT TO DO- Hang up the phone immediately and DO NOT purchase reloadable debit cards for any unverified debit cards.
NEVER provide any reloadable debit card numbers to unknown persons. Treat reloadable debit cards like cash, since transactions often cannot be reversed.
COMMON SCAMS ASKING FOR DEBIT CARD PAYMENTS
FAKE LOTTERIES- An elderly gentleman receives a call telling him he has won the lottery. He is told to go to a major retail store to buy a prepaid debit card and load it with $199 to pay the taxes on his winnings. He follows the directions and gives the caller the serial number. The scammer takes the money on the card and disappears.
A woman gets an email claiming to be from a foreign official who needs to transfer money into the country. The emailer tells the woman that she’ll receive a fee if she advances the sender some money. She is told to put $4999 on a prepaid debit card and email the serial number. Fortunately, the woman gets suspicious and ignores the email.
IF YOU’RE A VICTIM
These scams are crimes. If you have paid money to a scammer, you may wish to file a complaint with the Federal Bureau of Investigation, or FBI. You should also file a complaint with your local police department or sheriff.
Contact Grandview Bank at:
Report a Lost or Stolen Debit Card
If your debit card has been lost or stolen, it is important that you report the missing card immediately:
- During Business Hours: Contact any of our branch locations and speak to a Customer Service Representative: Grandview 817-866-3316, Cleburne 817-641-3100, Alvarado 817-790-1400.
- After Business Hours: Call the Debit Card Support Center at 1-888-297-3416. Calls are answered 24 hours a day, 7 days a week.
- Provide the following information so that the Call Center representative can identify you and your card accurately.
- Your Bank information- Must provide ONE of the following-
- Full Name of Bank, City and State-Grandview Bank, Grandview, TX (Grandview is our main location so all of our debit cards are recorded under this location regardless of which branch your account was opened.) OR
- Grandview Bank's routing number - 111906996
2. Your information- Must provide ALL of the following information-
- Name on the debit card-exactly as it is printed
- Full address of the card owner
- Daytime phone number (as per bank records. Please update your contact information with the bank so this information is accurate on our system)
- Reason the card status needs to be changed- ex: Card was lost or stolen