Credit cards allow secure transactions, but only if the cardholder takes the necessary steps to protect their account. One of the essential steps is regularly changing the credit card PIN. Doing so will help protect the card information being used for potentially fraudulent activities. Changing a credit card PIN is a simple process that can help protect you from credit card fraud and identity theft.
This comprehensive guide will explain “how to change credit card PIN?” In just a few steps, you’ll be able to protect your financial information and keep your card safe. Below you’ll find additional tips that’ll help you keep your credit card secure.
Why should you change the credit card PIN?
Changing your credit card PIN regularly is a good security practice as it helps protect your account from being compromised and reduces the risk of fraud. In addition, it makes it more difficult for someone to guess or figure out your PIN. Many banks and credit card companies require you to change your PIN periodically for the following reasons:
- To ensure the security of your credit card transactions
- To prevent identity theft and fraudulent activity
- To reduce the risk of unauthorized access to your account
- To maintain the confidentiality of your financial information
- To comply with industry regulations and laws
- To keep up with the ever-evolving fraud prevention techniques
What are some practical threats to your credit card PIN?
Here are some of the following practical threats to your credit cards:
- Guessing/Brute-Force Attack: A brute-force attack is when a hacker tries all possible combinations of numbers, letters, and formulas until they find the correct combination for access
- Shoulder Surfing: Shoulder surfing is when someone looks over your shoulder as you enter your PIN or watches from a distance as you type in your pin
- Skimming: Skimming is when a hacker attaches a device to an ATM or other payment terminal that stores data from your credit card
- Malware: Malware is malicious software that steals your personal information, including your credit card PIN
- Phishing: Phishing is when hackers send fraudulent emails that appear to be from legitimate companies. This way, hackers try to get you to share your credit card PIN.
How to Change Credit Card PIN?
By following these simple steps, change your credit card PIN quickly:
- Contact your credit card issuer: Call the service provider to get a new PIN. You can connect with the service provider by calling the customer care number provided by the card issuer. You can find the contact information on the bank’s website
- Request to change your PIN: The service provider will guide you through the credit card PIN changing steps. There are two methods of it ATM and net banking –
Create New Credit Card PIN at an ATM
Step 1: Insert your credit card at your issuing bank ATM machine
Step 2: Now you’ll have multiple options available, Click on ‘create PIN’’
Step 3: As soon as you click on that, a ‘One Time Password’ (OTP) will be sent to your registered mobile number.
Step 4: Now, enter the OTP you have received on your registered mobile
Step 5: Type in a new four-digit PIN of your choice
Step 6: Re-type the PIN and click on ‘Submit’
Step 7: Now you will receive a message that your new PIN has been generated
New Credit Card PIN via Net Banking
Step 1: Log in to your account using the bank’s mobile app or net banking facility
Step 2: Click on ‘credit card options’
Step 3: Click on ‘Change PIN’ section
Step 4: You’ll receive an OTP to your registered mobile number
Step 5: Enter the OTP you have received and click on ‘continue’
Step 6: Enter the PIN of your choice
Step 7: Re-enter the PIN and click on submit
Step 8: The bank will send an email or SMS notifying you that your PIN has been generated
Tips to keep your credit card safe
The following preventive measures will help you keep your credit card safe –
- Monitor your credit card activity regularly
- Keep your credit card in a secure place
- Use strong passwords to protect your online accounts
- Use a secure connection when shopping or banking online
- Don’t share documents containing your credit card information
- Avoid using your credit card details when using someone else’s computer or smartphone
- Don’t share your credit card information over a call
How to change my credit card PIN?
To change a credit card PIN, the cardholder should contact the card issuer and request a PIN change. The card issuer may require the cardholder to verify their identity before processing the request. After the request is approved, the card issuer will issue a new PIN.
Is it hard to change the credit PIN?
Depending on the bank services, the steps may vary, but changing the credit card PIN is easy.
Who is providing the best credit card services and why?
ICICI Bank is one of the leading credit card providers in India. They offer a wide range of credit cards with various benefits, such as cashback, reward points, discounts, free lounge access, easy balance transfers, attractive introductory offers, and more. They offer 24/7 customer service, making them one of India’s best credit card service providers.
Changing your credit card PIN is vital in protecting your card’s information. With the help of this comprehensive guide, you should now have a better understanding of how to change your PIN and the importance of doing so. Remember, it’s always better to be safe than sorry about your financial security. So make sure to change your PIN regularly and secure your financial information.