Card Valet is a free application you can use on your smartphone or tablet to control just about every aspect of your debit card’s activity. You can easily turn it on or off when you’re not using your card or if you misplace it. You can set spending limits by category of merchant and limit transactions to certain geographical locations. Using the fraud alert feature, you can get an alert to your smartphone whenever a transaction is processed. If you spot something out of the ordinary, you can stop the transaction on the spot. If you have a Commonwealth Bank Debit Card in your wallet, you should have this app on your phone. You can even control the card so it can be used only when your phone with the app is in the vicinity. Check back for more information and links to download this new mobile application.