"Virtual Credit Cards: An Extra Layer of Security"

Virtual Credit Cards: An Extra Layer of Security

Virtual credit cards are digital versions of your physical credit card numbers, designed to keep your real card information safe when shopping online or over the phone.

What Are Virtual Credit Cards?

A virtual credit card generates a temporary, unique card number linked to your actual credit card account.

This number can be set for one-time use or limited to specific merchants or time periods.

How Do Virtual Credit Cards Work?

When you shop online, instead of entering your real credit card number, you use the virtual card number.

The virtual number processes the payment, but your real card number stays hidden from merchants.

Benefits of Virtual Credit Cards

Enhanced Security
If a virtual card number is stolen, it can’t be used elsewhere or after it expires.

Limits Fraud Exposure
Reduces the risk of your real card data being compromised.

Control Spending
You can set spending limits or expiration dates on virtual cards.

Easy to Cancel
Canceling a virtual card doesn’t affect your main credit card account.

When to Use Virtual Credit Cards

For online purchases from new or less-known merchants.

When signing up for free trials or subscriptions you want to control.

For one-time payments to increase security.

How to Get a Virtual Credit Card

Many banks and credit card issuers offer virtual card services via their apps or websites.

Check if your card issuer provides this feature and how to set it up.

Keep in Mind

Virtual cards may not work for in-person or recurring payments with some merchants.

Always monitor your accounts for any unauthorized charges.

Bottom Line

Virtual credit cards add an important security layer, helping protect your financial information from online threats and giving you more control over your spending.