My friend told me that the Maybank Visa Debit Card that he successfully applied for, is linked to his Maybank Savings Account. This is definitely a NO-NO when it comes to cards and especially when we use it online so often.
Like our Public Bank Visa Electron Debit Card, it is independent and is not linked to our savings account with Public Bank. This is because if there is a fraudulent charge or our card got stolen, our loss will be limited to the amount in our card and not the limit that we have set on the card, which may dip into our cash kept I our savings account.
This concept is only workable in an ideal world but as we know it, it is no longer safe to use a debit card as our “main” account. If you have a Maybank Visa Debit Card or plan to apply for one, the workaround to this security loophole is to open a savings account with Maybank specifically for the purpose of your Maybank Visa Debit Card.
Like our Public Bank Visa Electron Debit Card, it is independent and is not linked to our savings account with Public Bank. This is because if there is a fraudulent charge or our card got stolen, our loss will be limited to the amount in our card and not the limit that we have set on the card, which may dip into our cash kept I our savings account.
This concept is only workable in an ideal world but as we know it, it is no longer safe to use a debit card as our “main” account. If you have a Maybank Visa Debit Card or plan to apply for one, the workaround to this security loophole is to open a savings account with Maybank specifically for the purpose of your Maybank Visa Debit Card.
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