In order to apply for a debit card, you must create a PIN that you can easily remember. There are a few rules that go into this, though, even though they're largely unspoken. Not only do you want to be able to easily recall said PIN without any problems, but you want to make sure that it's complex enough so that others don't discover it. For a better understanding of what this process entails, here are 4 talking points that the likes of Robert Jain can cover.
First and foremost, make sure that your PIN isn't overly simple. This might be a given, but you'd be amazed by the number of people that go with a number as simple as "1234." Anyone that's looking to get into your personal information will probably go for this number first, which means that you'd be wise to go with something that's more complicated. Reputable authorities on finance like Bob Jain will say the same.
Next, you should consider creating a PIN based on a word of importance to you. If you look at the keypad on your phone, you'll see that letters correspond to different numbers. When dialing "pork," for example, it would translate to "7675." This is just one example, of course, but you'd be surprised by how easily it is to remember a PIN when you have a word of importance that you can work from.
Once you have the perfect PIN decided, don't let anyone know what it is. Your PIN should be yours, and yours alone, to know and no one else should be privy to it. Even if the person you're sharing this information with is trusted, like a parent or sibling, you'd be wise to keep it to yourself anyway. When it comes to your finances, no matter how much money you have in your bank, there's no such thing as being too careful.
Lastly, and perhaps most importantly, you'd be wise to change your PIN on a periodic basis if you have the ability to. You don't have to do this every year, per se, but you might want to take part in this every few years. This is a great security measure that many banks recommend. Not only will it help you protect your account, but it will provide you with peace of mind that will help you in your day-to-day life.
First and foremost, make sure that your PIN isn't overly simple. This might be a given, but you'd be amazed by the number of people that go with a number as simple as "1234." Anyone that's looking to get into your personal information will probably go for this number first, which means that you'd be wise to go with something that's more complicated. Reputable authorities on finance like Bob Jain will say the same.
Next, you should consider creating a PIN based on a word of importance to you. If you look at the keypad on your phone, you'll see that letters correspond to different numbers. When dialing "pork," for example, it would translate to "7675." This is just one example, of course, but you'd be surprised by how easily it is to remember a PIN when you have a word of importance that you can work from.
Once you have the perfect PIN decided, don't let anyone know what it is. Your PIN should be yours, and yours alone, to know and no one else should be privy to it. Even if the person you're sharing this information with is trusted, like a parent or sibling, you'd be wise to keep it to yourself anyway. When it comes to your finances, no matter how much money you have in your bank, there's no such thing as being too careful.
Lastly, and perhaps most importantly, you'd be wise to change your PIN on a periodic basis if you have the ability to. You don't have to do this every year, per se, but you might want to take part in this every few years. This is a great security measure that many banks recommend. Not only will it help you protect your account, but it will provide you with peace of mind that will help you in your day-to-day life.
