1. What does CBA do to make my transactions secure?
We offer a number of advanced security and detection devices to protect both you and your card, such as:
- An enhanced security chip
All new and replacement MasterCard® and Visa cards come equipped with 'secure chip' technology. This is designed to make your credit card transactions even more secure because it is more difficult to fraudulently copy the details of your card.
2. PIN, password and card security
We offer a number of security devices to protect your card against fraud. However, there are a number of steps you can take to make your card even more secure.
It is important to follow your terms and conditions in order to protect your cards and devices. If you fail to protect your cards or devices, or fail to make a reasonable attempt to disguise your codes such as PINs and passwords, or fail to prevent others from accessing them, you may be liable for any unauthorised transactions.
Follow these guidelines to help ensure the security of your accounts.
- Protecting your codes such as PINs and passwords
- Memorise your codes and destroy any letters advising you of new ones.
- Don’t tell anyone your codes, including friends, family, account access services and businesses.
- Don’t write down your codes anywhere. In particular, don't write your codes onto a post-it or piece of notepaper and then attach it to any device, such as your phone or laptop. Don't keep written copies of your codes on or with items that are liable to loss or theft simultaneously (for example, in your briefcase or wallet), or even in different drawers of a piece of furniture.
- Avoid letting anyone see you enter your codes during a transaction, or accessing internet or mobile banking.
- When choosing your own codes, don’t select anything easily guessed such as your birthday, name or phone number, or numbers that form a recognisable pattern.
- Watch out for scams where a criminal, claiming to be from a legitimate business or bank, sends you an email, SMS or calls asking for your account details. Do not click on any links or provide any details. Forward emails to email@example.com immediately for investigation.
- Keeping your cards and devices safe
- Sign your cards as soon as you receive them and regularly check they are still in your possession.
- Don’t let anyone else use your cards or devices or hold them for you.
- Take your cash, cards, devices and receipts with you after every transaction.
- Don’t leave your cards out when at places like a bar or café.
- Cut up and dispose of your cards when they expire.
- If you use mobile banking, protect your mobile phone in the same way as your card.
- Chargebacks and reporting possible mistakes in statements
- Keep all receipts and transaction records and check the details on each statement when you receive it.
- In some circumstances, when you make a purchase using a Debit MasterCard, Credit Card or Travel Money Card, we may be able to exercise your chargeback rights.
- To request a chargeback, let us know within 30 days of the date of the statement showing the transaction.
- Chargeback rights don’t apply to BPAY payments from your Debit MasterCard account or Credit Card. However, we will do our best to try to recover the payment from the biller or any other person who received it. Tell me more
- Contact us immediately if:
- Your card or any other device such as your mobile phone (used for mobile banking) is lost or stolen.
- Someone has found out your codes such as PINs, passwords and other codes.
- There has been unauthorised access to your account or you believe there is an error or unauthorised transaction.
To notify us of any account security issues, simply call 13 2221, 24 hours a day, 7 days a week or +61 2 9999 3283 (reverse charges).
3. What happens if I suspect fraud or have a dispute on my card?
Notify us immediately, on 13 2221, 24 hours a day, 7 days a week. If you are overseas and have an urgent card security issue, make a reverse-charges call to +61 2 9999 3283.
Find out more about what you can do if you suspect credit card fraud.
4. Who pays if there is fraud on my card?
We offer a 100% money back guarantee on all fraudulent transactions if you comply with the credit cards conditions of use. It is important to remember that if you don’t make a reasonable attempt to disguise your codes or prevent others from accessing it, in this instance, you will be liable for any unauthorised transactions. Click here for further information.
5. Am I still covered against fraudulent transactions where a PIN or signature is not requested?
This new process set up by some retailers does not alter your protection under our 100% money back guarantee. As long as you comply with the credit cards conditions of use, you will not be held liable for any fraudulent transactions on your credit card – we will reimburse you 100% - regardless if the retailer requests a PIN or Signature to authorise the purchase.
6. What do I do if my card is lost or stolen?
Notify us immediately. If you are in Australia, call us on on 13 2221, 24 hours a day, 7 days a week.
If you are overseas, please view the lost and stolen credit cards information for relevant contact details
7. What is Card Skimming, and how do I prevent this?
Card ‘Skimming’ is the illegal copying of information from the magnetic strip of a credit card. Once a card is skimmed, the scammer is able to withdraw funds from your account. Be aware of warning signs of skimming;
- Shop assistant or waiter taking your card out of sight to process the payment.
- You are asked to swipe your card more than once.
- EFTPOS or ATM machine does not look genuine or looks modified.
- You notice unauthorised transactions on your account.
If you believe that your card has been skimmed, please notify us straight away, on 13 2221, 24 hours a day, 7 days a week.
8. Can people take money from my wallet via PayPass without me knowing?
No. PayPass readers have a limited range. Your cards need to be within 6mm of a PayPass terminal to be read, and a transaction approved. Click here for further information.
9. Can I be charged twice if my card has been tapped more than once?
It doesn't matter how many times a card is read by the PayPass reader, the charge will only occur once.
10. Why do some retailers not provide PayPass as a payment option?
PayPass technology availability in Australia is still relatively new. Over time, you will see more and more of the stores you visit adopting this technology.
Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian credit licence 234945.