Banks and financial institutions provide various ways to generate credit card PINs online and offline such as through netbanking, mobile applications, ATMs, customer care, and physically visiting the branch. Advancements in technology have made credit card PIN generation hassle-free and convenient. Banks and financial institutions now have their own mobile applications with details about credit cards and other related things. Let us now read in detail about credit card PIN generation online and offline.
What Is A Credit Card PIN?
A credit card PIN or personal identification number is a secret 4-digit code known only to its respective owner. Every time cardholders transact, they have to enter the PIN in the payment gateway or PoS. This is to validate the user’s identity and authenticate the transaction.
How to Generate the Credit Card PIN?
When you receive your new credit card, you receive a welcome kit from your credit card issuer. The welcome kit has a confidential document that contains your PIN, and this can be used for your initial transactions. But, you must alterit at the earliest. Also, the credit card PIN must not be shared with anyone for safety reasons.
How To Generate The Credit Card PIN Online?
1. Through Internet Banking
Step 1: Log into your netbanking account using your credentials
Step 2: Navigate to the ‘Credit Card’ section and click ‘Change PIN’
Step 3: Authenticate your action using the OTP sent to your registered mobile number.
Step 4: Type in the new PIN of your choice twice and click on ‘Submit’
2. Through Mobile Application
Each NBFC and bank has its unique mobile application, and this offers multiple services related to credit cards. PIN generation is one of them. Here are the steps to generate a credit card PIN through an app
Step 1: Firstly, you will have to create your account on the mobile application.
Step 2: Navigate to the section on credit cards after logging in.
Step 3: There, you can see an option called “Change PIN”
Step 4: After clicking on the option, you will get an OTP on your registered mobile number.
Step 5: Enter the OTP and create the PIN of your choice.
Step 6: Your bank will alert you of the same.
How To Generate The Credit Card PIN Offline?
1. Through ATM
Step 1: Go to an ATM and insert the card in the slot given
Step 2: Click on the option “Create PIN using OTP”
Step 3: Enter the OTP that you will get on your registered mobile number
Step 4: When you see the “Generate PIN” option, enter a new PIN of your preferred choice
Step 5: Re-type the PIN and click the “Submit” tab
After the PIN has been generated successfully, the bank will send you a message acknowledging the same.
2. Through Bank Branch
You can also visit the nearest bank’s branch to change the PIN. Go to the bank representative and request the representative to generate a PIN. The bank will verify your application and process your request.
How to Safeguard Your Credit Card PIN?
- Ensure that your credit card is swiped when you are there. This will prevent skimming and other fraudulent activity.
- Make sure that nobody can see your PIN while entering it at the merchant POS.
- Keep the important details of your credit card like the CVV number, PIN etc. confidential
- Avoid sharing credit card details over email, social networking sites, or SMS.
- Use your credit card only on a secure website
- Do not save confidential credit card details such as credit card PIN and passwords on the merchant’s website.
- Once you start using the credit card, keep changing the PIN for security purposes
- Change your PIN periodically. Your altered PIN should not be a combination of the digits in your date of birth, since it may be easy to guess.
- Track your credit card account periodically every month to verify that your credit card is not misused. You can read the statement to check if there are any unauthorized transactions during your recent credit card billing.
- Cover your ATM keypad when typing your PIN.
How to Change Your Credit Card PIN?
You can change your credit card PIN either through the netbanking account or by visiting the nearest ATM. For some banks, you can create a new PIN using IVR.
Conclusion
The credit card PIN is a really important number which has to be safeguarded. It is now easy to generate this PIN since there are many ways to do so. For instance, you can do it online hassle-free. If you have any issues with the online process, you can go to the nearby ATM and generate it. Leakage of this PIN can lead to harmful consequences and can result in loss of money, identity, etc. So, be careful when generating and using the Credit Card PIN.
FAQs on Generate Credit Card PIN
1. Can I change my credit card PIN online?
A credit card PIN is a unique code that authenticates your identity and transaction. So, you must keep your credit card PIN confidential without sharing it with anybody.
2. How many times can you enter a wrong credit card PIN at the ATM?
If you enter a wrong PIN three times at the ATM, it will be blocked
3. What is the easiest and quickest way to generate a credit card PIN?
The easiest way to do so is by using a mobile application of the credit card issuing company. The mobile apps have a self-service model for generating the credit card PIN. This can be done within a few minutes.