Virtual Cards give you more control over your spending and increased security.
If you have a Clockwise Debit Card, Virtual Cards are available at no extra cost. Members can create and cancel virtual cards using the My Cards screen in the Clockwise App or member portal.
Virtual Cards are completely new cards with their own card number. They exist only in electronic form and can be used to make purchases online or via the telephone.
Members are able to hold up to 5 Virtual Cards at any one time. Virtual Cards can be created and closed as required.
Why use a Virtual Card?
Reduce the risk of fraud with online shopping
When shopping from a less familiar website or an overseas merchant, this card can be closed immediately after making the purchase, preventing any further payments.
Manage subscription services
e.g. Netflix, Spotify. For example, signing up to a free trial subscription for an online service, it can sometimes be difficult to stop these payments once setup. You can close the virtual card after sign-up to guarantee no future payments.
Control your children's spending
You could allow your child to use a virtual card for app store purchases or game subscriptions etc.
You’ll be able to block/unblock the virtual card to control spending.
