Our Debit Cards have the most current fraud protection technology.
Debit Cards
Baltic State Bank provides our cardholders the most current fraud protection in the industry to protect our account holders from card-present and card-not-present fraud. All of our offices are able to print a debit card instantly in the branch, both for new accounts and for replacement cards due to loss, theft or fraud. No need to wait 7-10 days to receive a new or replacement card.
What makes a chip card safer than a magnetic stripe card?
The chip within the card stores account information more securely, and the technology itself provides protection against fraudsters creating a replica of your card. The biggest benefit of switching to chip cards is the reduction in card fraud resulting from counterfeit, lost and stolen cards.
What does a chip card look like?
A chip card is the same size, shape, and weight as your current debit card. The main differences you’ll notice include a chip on the front of the card, and the card will need to be inserted in the store or ATM terminal to be read. Chip cards will also have a magnetic stripe on the back, for the foreseeable future. You may need to use one or the other, depending on the situation, during the lengthy U.S. transition period. It’s important to understand that your card will work, it just needs to be used correctly.
How will it all work?
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Real-time monitoring of transactions.
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SMS and Voice calls to verify suspicious transactions.
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Geographic limits to prevent transactions outside of the U.S. and outside your “Home” area.
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Dark Web Monitoring for compromised card numbers.
