Banking and card security has gained paramount importance as identity thieves and fraudsters are discovering various innovative means of accessing our money. If you are worried about your credit card security, then the smartest thing to do is to keep your PIN safe. This will restrict the means by which a thief can access your card. These are some useful security tips for your PIN.
Be cautious at ATMs
One of the most regular methods of people accessing your PIN is when they see you entering it at an ATM. Ensure you keep your number hidden while typing it and keep a watch at your back to check that you remain unobserved. Also beware of any suspicious items like small cameras or electronic devices in the ATMs
Keep secret
The security of your PIN entails only you are aware of it. You may tell it to your trusted friends or family members, so that they can withdraw cash on your behalf, but remember this can be a mistake. If more people know your PIN, higher are the chances of your PIN becoming public knowledge. Avoid giving your PIN through any communications like email, since your bank will never ask you for it. Your PIN should be entirely confidential.
Don’t write it down
You may have various cards, making it difficult to remember the PINs for each of them, but ensure you have not noted down the number anywhere, mainly on your person. This will make it easier for thieves and fraudsters to access it.
Change it regularly
Though many people use the same PIN for years, they don’t know this can be dangerous. To ensure the security of your card, it is essential you change it frequently. This implies that even if your PIN becomes known, the thief is unable to use the card for long. Smart move is to change the number after every few months.
Destroy documents
As soon as you get your PIN by post, learn the number quickly and then destroy the mailer. If there is an evidence of tampering with the mailer, contact the bank immediately and ask for a new number. After you have learnt the number, go to an ATM and change the number that you can easily remember. But don’t use numbers that are quite obvious like 1234, or your date of birth.
Report if your feel suspicious
If you think your PIN may have been stolen or seized, bring this to the notice of the bank quickly. In these situations, it is advisable to get a new PIN from your bank instead of allowing others illegal access to your money. Provided you use your PIN judiciously and take care, your card and money will be safe and secure.