To change a debit card PIN number, customers must contact their banking institution by phone or in person, and verify their identities through a series of security questions. Once the customer's identity is verified, he or she will be instructed to enter a new PIN number into a bank keypad or their telephone keypad. There are also some banking institutions that allow their customers to change their debit card PIN number online.Continue Reading
When choosing a new debit card PIN number, it is important to choose a number that is not easily recognizable. Common mistakes include using birthdays, addresses, partial phone numbers, as well as simple number combinations such as 1, 2, 3, 4, 5. In these cases, if an individual's wallet is stolen, it is extremely easy for a criminal to figure out the PIN by simply looking at the stolen driver's license.
In today's digital world, debit cards are rapidly replacing cash and checks. While debit cards are very convenient, debit card fraud is on the rise. Changing debit card PIN numbers once every six months is a good way to prevent identity theft. Additionally, many banks offer free online account access, which allows customers to easily monitor their bank accounts on a daily basis.Learn more about Personal Banking
To activate a bank card once you have received it in the mail, call the toll-free number provided in the package accompanying the card, use the card with its PIN at a bank's ATM, or sign in to online banking. The options for activation depend on the bank.Full Answer >
The most secure bank accounts require customers to go through several verification steps that may include security questions, personalized images or symbols. Banks that employ a high level of security in relation to online banking accounts typically use several layers of security.Full Answer >
Most phone companies and cell phone networks give customers a variety of ways to pay online including using a credit or debit card and setting up a monthly online payment using a checking account; third party sites like Doxo also let users create an account and pay a phone bill with services designed to help customers pay a number of bills from one platform. Smartphone owners can also download apps that enable them to pay on the go.Full Answer >
A financial institution number, or FIN, is a series of digits used to identify a banking institution during an inter-bank transaction, says WiseGeek. FINs possess a number sequence that identifies a bank, and a number sequence that identifies the particular branch. The combination of these two numbers allows the bank on the receiving end to readily identify the source of the transaction.Full Answer >