Access. Anytime. Control. Anywhere.
Manage your Debit card security with ease.
CardValet® gives you access anytime to more controls over your Debit card activity from anywhere in the world. Establish spending options on how, when and where your card is used or want to monitor transactions, alerts and balances, CardValet® lets you decide. With the CardValet® app you can:
- Receive real-time, customized alerts.
- From anywhere in world, keep informed of your Debit card’s activity
- Lock or unlock your Debit card with a simple touch
- Monitor multiple account for the entire family
Real-Time Alerts Equal Protection
CardValet can send a real-time text alert when your card is used, when a transaction is approved or when a card transaction has been attempted but is declined. If you suspect fraudulent activity, simply turn your card “off” and contact the M&F Bank. When your card is “off”, no withdrawals or purchases will be approved.
Debit Card on/off setting
When the card is “on,” transactions are allowed in accordance with each cardholder’s usage control settings. When the card is “off,” no purchases or withdrawals are approved until the card is turned back “on.” This control can be used to disable a lost or stolen card.
Review Balances and Transactions
CardValet can be used to check your account balance.
Set limits on your debit card purchases
Spending limits can be established to allow transactions up to a certain dollar value and decline transactions when amounts exceed pre-defined thresholds. Transactions can also be monitored or controlled for specific merchant categories such as gas, hotel, travel, restaurants, groceries or electronic stores.
Control spending by location
The “My Location” control can restrict transactions to merchants located within a certain range of your location. Using the GPS system in a smartphone, transactions requested outside of the specified range will be declined.