7 rules for storing a bank card

Each bank card is marked with important information - number, owner’s name, expiration date, CVC or CVV and a chip, thanks to which payments are made at terminals (including contactless). In order for this information to be preserved, it is important to treat the means of payment with care. A card with damaged data fails prematurely - replacing it requires time, effort and money. Every month, more and more people are abandoning plastic in favor of digital wallets to store them, such as https://folio.id. With Foli Wallet you can store your cards right in your phone by using this app. It also allows you to store documents, gift cards etc. You can download it for iOS or Android. Despite this, the number of bank cards issued is growing rapidly - we shared statistics in one of our recent news releases.

So, it is highly not recommended:

  • keep the plastic card for a long time at temperatures below -20°C (there is a risk that a crack will appear on the plastic);

  • leave the card in direct sunlight for a long time (for example, on window sills and other open surfaces);

  • Store the card for a long time at air temperatures above +40°C. The plastic may be deformed - this will cause difficulties when performing operations at ATMs;

  • Place the card near a source of electromagnetic radiation (for example, a microwave oven): the chip may become demagnetized. You should also not carry or store a plastic card in the same wallet (bag, pocket) with magnets;

  • keep the card in your phone case. In this case, the risk of demagnetization is minimal, but there are other threats. If you lose your phone, you will also lose your card - scammers will be able to gain access not only to the payment instrument itself, but also to the banking application, because many of them allow you to change the password by entering the card number and code from SMS: this opportunity will be available to scammers. If your phone is stolen, immediately block your SIM card. If there was a bank card with him, you need to block it too. This can be done by calling a phone shop and bank from any available number (or by visiting the nearest office in person).

Storing cards with other bank cards

Cards released before 2015 could indeed become demagnetized when placed near other cards. Since 2015, manufacturing technology has changed: there is no need to be afraid that cards will “go bad” if they are in the same wallet. 

Bank employees constantly warn that storing a PIN code next to a bank card is strictly prohibited ! Let us remind you: if you lose your wallet or it is stolen, you will immediately lose all your savings, and the bank will most likely refuse to reimburse them, since in fact the holder of the bank card himself violated the rules for storing it - he compromised personal information. If a bank card, the PIN code for which is unknown, falls into the hands of fraudsters, its holder has more time to protect and preserve the finances in the account - block the card and tell a bank employee about the situation. 

It is recommended to set limits (for transfers and payments per day, as well as for transfers and payments without entering a PIN code). If a financial organization allows a transfer to be made in excess of the limit, then all responsibility for the transaction will be on it - it will have to compensate for such payment or transfer. 

The card data has been erased from the plastic. Where can I see them?

In the mobile application or in your personal account on the bank’s website. 

The plastic card is broken: what to do?

Contact the bank and order a reissue. Please keep in mind that there may be a fee. It usually takes banks from several days to several weeks to produce a new means of payment. 

 

 

Tags: #card
Sign up and earn $1000 a day ⋙

Leave a Comment

Why does climbing Mount Everest have to start at midnight?

Why does climbing Mount Everest have to start at midnight?

Conquering Mount Everest, the highest peak in the world, 8,848.46 meters above sea level, is a dream of many people. However, only by setting off at midnight, you have a chance to climb Mount Everest.

How does the process of drilling through the Earth happen?

How does the process of drilling through the Earth happen?

Scientists have made some predictions about the process of drilling through the Earth, although so far humans have not been able to do this.

Microsoft releases new Fluid Textures desktop wallpaper collection, download now!

Microsoft releases new Fluid Textures desktop wallpaper collection, download now!

Microsoft releases new Fluid Textures desktop wallpaper collection

AnTuTu smartphone ranking 4/2025

AnTuTu smartphone ranking 4/2025

As scheduled, AnTuTu has just announced the latest smartphone performance rankings list as of the end of December 2022.

How to post photos and videos from other accounts on Threads

How to post photos and videos from other accounts on Threads

The new Threads have the option to post photos and videos from other accounts to your Thread page, as opposed to reposting which is in a separate interface.

4 Websites to Create Free Valentines Day Cards

4 Websites to Create Free Valentines Day Cards

Instead of spending money on expensive greeting cards this Valentine's Day, why not send a fun and heartfelt e-card for free?

Instructions for inserting links into Instagram profiles

Instructions for inserting links into Instagram profiles

To make your Instagram account impressive, especially for those who use Instagram for work, in addition to using some unique Instagram fonts, users can insert links to their Instagram profile page.

Phones running Snapdragon 8 Elite Gen 2 chip will soon support eSIM, super thin design will dominate the market

Phones running Snapdragon 8 Elite Gen 2 chip will soon support eSIM, super thin design will dominate the market

Many phone manufacturers have begun introducing devices with ultra-thin designs to test the market before deciding whether they can push it into a mainstream.

Leaked images of Lenovos first roll-up screen laptop

Leaked images of Lenovos first roll-up screen laptop

CES 2025 is just a few weeks away, and as usual, we expect manufacturers to bring interesting devices in many different ways: useful, unique, or even quirky.

GitHub Copilot is now available for free in VS Code

GitHub Copilot is now available for free in VS Code

GitHub, the most popular platform for the global developer community, has officially surpassed 150 million members.

Extremely useful inventions in everyday life

Extremely useful inventions in everyday life

Simple but sometimes extremely useful inventions for life. This article will summarize creative ideas in life that look simple but are surprisingly useful.

19+ interesting facts about hummingbirds, the only backward-flying bird on Earth

19+ interesting facts about hummingbirds, the only backward-flying bird on Earth

What does a hummingbird look like? How big is a hummingbird? Let's find out interesting information about this bird!

Latest Roblox Clicker Simulator Codes 4/2025

Latest Roblox Clicker Simulator Codes 4/2025

Discover the latest Clicker Simulator Roblox codes and how to enter them now

Latest Funky Friday Codes and How to Enter Codes

Latest Funky Friday Codes and How to Enter Codes

Funky Friday codes in Roblox you can use to enter and redeem for points, animations... You should redeem Funky Friday codes because you don't know when they will expire.

Latest Super Academy 3D Code

Latest Super Academy 3D Code

Receiving Super Academy 3D giftcode and exchanging it for gifts is one of the things that many players do as soon as they enter the game.