WalletHub, Financial Company
@WalletHub
Yes, you should get a Mastercard virtual credit card because of the extra layer of security it provides. It’s free, too, so all it takes is a few minutes of your time to set up an account and add your card information. You can use your Mastercard credit card through the Click to Pay service. You can also generate a virtual credit card through certain issuers’ websites and mobile apps.
What you should know about Mastercard virtual credit cards:
- How Mastercard virtual credit cards work: Virtual credit card is not a separate account that you have to apply for. Rather, it’s a free service that you can enroll any Mastercard credit card in.
This feature randomly generates stand-ins for your card number and security codes when you buy things online. This way, the real information doesn’t get stolen. - How to get a Mastercard virtual credit card: You can get a Mastercard virtual credit card by using Click to Pay. Keep in mind that this service is available for other credit card networks as well, including Visa and American Express.
Some credit card issuers offer their own digital wallets, including Citibank and Capital One. - Benefits of having a virtual credit card: Virtual credit cards add another layer of protection. It is also convenient, as you can have multiple payment methods under one service. So, signing up for a Mastercard virtual credit card is a good idea, considering the threat of identity theft and fraud.
But it’s important to remember that all credit cards give you a $0 liability guarantee for unauthorized transactions. So, even if someone does get ahold of your credit card number, you won’t have to pay for what they buy.
At the end of the day, keeping your credit information safe is important, and getting a Mastercard virtual credit card can help. You can also supplement that by monitoring your credit for any signs of unauthorized use. You can do that by signing up for a free WalletHub account, where we’ll give you daily-updated versions of your credit report and score, and we’ll let you know if anything seems suspicious.
Rachel G, Member
@rache5123
If you're buying stuff online, and are worried about identity theft, then yeah, it's a pretty good idea actually: they give you "virtual" card details, so it doesn't matter if you think the site looks a little fishy.
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