
Learn more about why it’s important toĪdd your expenses into your personal budget. Some virtual debit cards let you set spending limits, helping you keep up with your budgeting and personal finances. The card in your digital wallet is protected by your phone password and, in some cases, your app login, which may help keep it safe if your phone gets stolen.

Virtual debit cards can't get physically lost or duplicated like physical cards. Because they are easier to administer by banks and online providers, virtual debit cards can sometimes carry lower fees than those of a traditional card. Cards can be generated and activated instantly, so you can start spending from a linked account without having to wait for a card to arrive in the mail.

Here are the benefits you can take advantage of with virtual debit cards:

Virtual debit cards are a great option for people who don't want to carry a physical card or want to make it easy to shop online and with their smartphone.
