What is a VIRTUAL credit/debit card? (2021)

Credit cards are a notoriously insecure means of payment and credit card fraud is one of the most common types of identity theft in the US. We give out our credit card number constantly without even thinking about it, and with it our name and home address.

Enter Virtual Credit Cards: they're like a VPN for your credit card. No more revealing private information to every stranger from whom you want to make a purchase. No more handing out the keys to the kingdom that allow anyone to draw money from your account.

BUT...
Some people are not yet ready to take the plunge completely into crypto. So if you enjoy the world of recurring payments and credit card purchases but are looking for a more private option, VIRTUAL credit cards may be for you!

In this video, Josh Summers from “All Things Secured” explains how virtual credit cards work and why they're great for giving back some privacy and control over your money.

00:00 - Intro
00:55 - What are Virtual Credit Cards
01:18 - Increased Privacy
02:22 - Prevent Credit Card Fraud
04:53 - Manage Subscriptions
05:49 - Caveats

You can check out Josh's channel here for more awesome tips on privacy! Thanks for joining us, Josh!!

Brought to you by NBTV members: Lee Rennie, Will Sandoval, Emily Kotow, Ogar, and Naomi Brockwell

To support NBTV, visit:
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Visit our shop!

Our eBook "Beginner's Introduction To Privacy:

Beware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.

Watch this video on Odysee:

Other services include:
Also check with you bank, as some also offer virtual card options

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Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Beginner's Introduction To Privacy - Naomi Brockwell

Permanent Record - Edward Snowden

What has the government done to our money - Rothbard

Extreme Privacy - Michael Bazzel (The best privacy book I've ever read)

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald

Some of my favorite products to help protect your privacy!

Faraday bag (signal stopping, to protect your fob, credit card, computer, and phone)

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)

Camera tape (electrical tape is the best tape for covering phone and computer cameras)

USB-C to ethernet adapter:

Privacy Screens (use your phone and computer in public? Keep your information safe!)

Computer: (Search for the size right for your computer)

Phone: (Search for the size for your phone, decide whether you want glass or plastic!)

[AllThingsSecured]

Great job with this, Naomi! Thank you for the opportunity to join you here on this channel and I hope the conversation we had was helpful to your audience.

[MusicToTheEars]

She's done it.
Naomi has Home Aloned us. It's like a Christmas miracle.

[ElisePink]

THANK YOU for creating this educational and simple video. My bank offers this virtual card as a benefit. But, the bank failed to explain exactly how to use it. The bank failed to explain the definition. Thanks for helping me to learn about this.

[DarrylGold]

How did the dance class go? Gonna need video proof.

[Steven_nevetS]

Seriously enjoy your channel Naomi!!! Such great content! Thank you

[natemarx]

Are we worthy enough for a early Thursday morning upload from the Queen? That is a major philosophical question being asked in major educational institutions.

[tonybarfridge]

A long time ago a door to door salesman questioned why I was reluctant to give his "company" my credit card details over the phone. He said nobody can misuse the information. Oh really, I said. Should I put out all my savings on the front doorstep before bedtime and just hope it will be there the next day? He claimed it was not like that, but he couldn't explain why not. I still maintain that it is. I once went abroad and a checkout operator asked for my card. She said I didn't need to enter my PIN and they didn't even give a receipt. So they only needed the card number which they then had on record. Should that make me feel secure?

[MrZoomZone]

NO! if you cancel a virtual card because you cannot efficiently cancel a subscription then SOME providers will build up a debt for you to pay - even if you don't USE the service. Then a year later you get a HUGE menacing bill for your debt AND the services of a debt collection agency. That is where it is handy that the provider does not have your real details.

[PetalynSwartHeartFueled]

Thanks Naomi. Trying out one of these virtual card services now.

[RamLaska]

Brilliant and super informative, as always. 💗

[donovan]

i did not know you could put something else for big bank to see if you want to keep your purchase private thank you for the knowledge. miss Naomi is always so well put together.

[lalajee]

Is this normal for them to ask you to upload your driving license and your face

[abhijittmukharjji]

As a PCI QSA I can say this is the best way to use CC or a Bank provided Payment Card from Customer standpoint to defend against Card Not Present Transactions.

[Jesse_Alex]

Thanks so much for this. Such a brilliant idea

[lowwastehighmelanin]

Oh, I already have Transferwise, didn't know they had a service like this! Neat.

[SuperHall]

Thank you for this video. I always learn something new from you.

[NowIsGood]

Sounds great, but were do you get a virtual CC?

[tootalldan]

Liked. I wonder how your credit score is affected by these?

[juanromero]

Crypto Jebb just convinced me to subscribe to your channel. You are great!!! 👍🏻

[Sana-ikfo]

why not have mobile otp linked to credit card?