How to Lock Your BDO Credit Card to Prevent Unauthorized Transactions

The incidence of bank card fraud and theft has elevated lately partly as a result of widespread adoption of on-line banking. As a bank card holder, you could be fearful in the event you’ll fall sufferer to bank card fraud and lose your hard-earned cash to cybercriminals. Happily, there’s a easy but efficient solution to cease this sort of fraud in its tracks, and that’s to lock your bank card to stop unauthorized transactions.

There have been experiences of bank card fraud the place thieves managed to steal bank card data and cost unauthorized purchases to the sufferer’s account. One well-known instance concerned Senator Sherwin Gatchalian whose bank card was used by hackers to order ₱1 million price of meals. There are numerous comparable incidents which have went unreported by the media.

Such incidents of bank card fraud could be sufficient to fret you and maintain you awake at evening, however have you learnt you can lock your bank card to stop fraud and theft? Banks like BDO will enable you lock your credit score or debit card by your on-line banking account or cell banking app. By locking your bank card, hackers will be unable to make use of it for unauthorized on-line and offline transactions even when they’ve your full card particulars.

Locking your BDO credit score or debit card will forestall card-based transactions equivalent to ATM withdrawals, in-store purchases and on-line funds. Nevertheless, you’ll nonetheless be capable of ship cash, pay payments and carry out different transactions by BDO on-line, cell and cellphone banking utilizing your present or financial savings account.

Moreover, any enrolled recurring transactions utilizing the locked BDO card will likely be declined. You should utilize a distinct card or unlock your BDO bank card earlier than the scheduled transaction to keep away from any inconvenience. You’ll be able to unlock your card anytime by the BDO on-line web site or cell banking app.

The right way to Lock Your BDO Credit score Card through BDO On-line Banking

Listed below are the steps to lock your BDO bank card by the BDO on-line banking web site. Take be aware that you just nonetheless must have a BDO mobile banking account as a result of you’ll have to generate the OTP through the app (in the intervening time, you may’t get the OTP through SMS).

Step 1: Login to BDO online banking. On the left navigation menu, click on “My Accounts” after which “Safety Administration.”

Step 2: On the Safety Administration web page, change to the “Credit score Card” tab.

Step 3: Toggle on the “Unlock/Lock Card” button on your card. Click on “Submit.”

Step 4: Assessment your particulars after which click on “Submit.”

Step 5: Enter the one-time password (OTP) which you’ll generate through the BDO cell banking app (simply click on “OTP Generator” on the app). Click on “Submit” if you’re carried out.

Step 6: Congratulations! You’ve efficiently locked your BDO bank card. Be aware of the reference quantity. Additionally, you will obtain an electronic mail confirming your safety administration replace.

The right way to Lock Your BDO Debit/ATM Card through BDO On-line Banking

You may as well lock your BDO Visa or MasterCard debit card to stop unauthorized withdrawals and purchases. BDO offers you the power to set the ATM withdrawal and buy limits on your debit card as an additional layer of safety and to reduce your potential losses in case of fraud or theft.

Step 1: Login to BDO online banking. On the left navigation menu, click on “My Accounts” after which “Safety Administration.”

Step 2: On the safety administration web page and below the “Financial savings and Checking” tab, toggle on the “Unlock/Lock Card” button.

Step 3: Optionally, you may click on the “Extra Choices” icon (gear icon) to disable abroad transactions and set withdrawal and buy limits on your debit card.

Step 4: You now have the choice to disable abroad transactions. These are debit transactions made exterior of the Philippines through ATM and point-of-sale (POS) terminals in addition to on-line transactions on web sites and platforms that course of funds overseas (for instance: Amazon, Netflix).

You may as well set the ATM withdrawal restrict as much as ₱200,000, and PIN-based and No PIN buy limits as much as ₱500,000 and ₱200,000, respectively.

Click on “Save” to proceed.

Step 5: Assessment your particulars and click on “Submit.”

Step 6: Enter the OTP which you’ll generate through the BDO cell banking app (simply click on “OTP Generator” on the app). Lastly, click on “Submit”.

Step 7: You’ve efficiently locked your card and set its transaction limits. You’ll obtain a affirmation electronic mail with a abstract of your actions and the reference quantity.

The right way to Lock Your BDO Credit score or Debit Card through the BDO Cell App

Locking your BDO credit score or debit card through the BDO cell banking app is fairly easy. It doesn’t let you set withdrawal and buy limits however it offers you a simple and handy solution to lock your card in a rush.

Comply with these steps to lock your BDO bank card utilizing the BDO cell app:

Step 1: Open the BDO cell banking app in your smartphone and login to your account.

Step 2: Faucet the “Extra” choice which you will discover on the bottom-right nook. A sliding menu will open.

Step 3: Choose “Safety Administration.”

Step 4: Now you can lock your BDO bank card or debit card by tapping the toggle button. The button will flip crimson when the cardboard is locked.

To unlock your BDO card, simply undergo the identical steps and toggle the lock/unlock button. Don’t overlook to lock your card once more after you’re carried out along with your transaction.

Wrapping Up

Bank card fraud may be worrisome however you may keep away from falling sufferer to it by implementing a robust password on your on-line banking accounts and locking your bank card when it’s not in use. Just remember to keep away from clicking hyperlinks on emails or textual content messages which can be supposedly despatched by your financial institution, and simply go straight to your financial institution’s web site or cell app to carry out your on-line transactions.

When you have any points and issues along with your BDO account or card, you could name the customer support hotline (+632) 8631-8000 or 1800-10-631-8000 (PLDT toll-free) or electronic mail [email protected].