I was on the phone with Wells Fargo for about an hour with an expert on this matter. He told me exactly what you said. Also he said one of the best things if you use your debit card is run it as a credit card, this way your pin is still safe. He also said to set up a "dummy" checking acct. He recommended using the dummy acct for bill pay, paypal and other online/phone useage. Keep zero or little money in it. This way the thieves dont have access to your bigger or main accounts. Good points....