In the fast-paced lifestyle of the 21st century, credit cards have made our financial life easier with effortless money transactions and convenient payment schemes.  Each credit card has a 4-digit chip and PIN that enables all transactions made with the card. The pin is integrally related to the security of your credit card.  

This article will discuss how to change credit card PIN and set a new credit card pin. This information is very handy for readers since most of them have access to portals offering them the best credit card to apply.

What is a credit card PIN?

A credit card PIN is a four-digit or six-digit unique identification number assigned to a particular card. You must enter your PIN any time you use your card for a specific transaction. The payment system matches the PIN and the user ID before permitting the facilitation of any transaction. As a result, the banks ensure that every credit card transaction is safe and secure.

Who assigns the PIN?

The credit card PIN is included in your welcome kit from the bank. The welcome kit also contains the paper explaining how to generate the pin, validate credit cards, credit points, and change the credit card pin if necessary. However, once you obtain the welcome package, it is recommended that you change your PIN. To avoid any potential misuse, keep your credit card PIN private. 

How to generate a credit card PIN?

You can generate the pin offline as well as online. There are many methods one can select for generating a pin. Those usually include:

Offline: ATM and Branch

Online: internet banking, bank’s website, e-mail, and mobile app.

How to change a credit card pin?

Customers may change their credit card PIN at an ATM or via their net banking account.

Steps for how to change the credit card pin in an ATM:

  1. Insert your card in the ATM and choose the preferred language.
  2. Enter the current credit card PIN.
  3. Select ‘change PIN.’
  4. After you select ‘Change PIN,’ a ‘One Time Password will be sent to your registered phone number.
  5. Enter the one-time password.
  6. Enter a four-digit PIN of your preference
  7. Rewrite the PIN and press the “Submit” button
  8. You will receive a notification from the bank that your PIN has been updated. If you haven’t tried to change your PIN yet, contact your bank.

Steps for how to change credit card pin through your online banking:

  1. Go to your net banking account and log in.
  2. Choose “credit card options.”
  3. Select “Change PIN.”
  4. After you select ‘Change PIN,’ a ‘One Time Password will be sent to your registered phone number.
  5. Type in your OTP and press “Continue.”
  6. Enter a four-digit PIN of your preference.
  7. Re-enter your PIN and hit the submit button.
  8. You will receive a notification from the bank that your PIN has been updated. If you haven’t tried to change your PIN yet, contact your bank.

Which are the best credit cards to apply for?

Almost every other bank in India provides a reliable credit card with a long list of benefits and features. Finding the right premium credit card in India, however, can be difficult. It can be pretty tricky for a salaried employee to apply for the best credit card with the required annual fee and minimum wage requirement. Here is a list of the best credit card to apply.

  1. HDFC Regalia Credit Card: It is an all-rounder premium credit card with the best of everything. The card is ideal for those who want to get a decent return on all of their purchases in reward points while still saving money on travel expenses. Here’s a rundown of the HDFC Regalia Credit Card’s numerous advantages. You will find access to the following benefits for INR 2,500 per year:
  • Available to those with a monthly income of at least INR 90,000/-.
  • Also, avail additional services like an emergency hospitalization, accidental death cover, and more.
  • Complimentary access to an airport lounge.
  • Earn reward points for every expenditure and achieve different levels with your reward points.
  • You will receive a complimentary Dine out Passport Membership if you spend a minimum of Rs.75 000 on your regalia credit card per calendar quarter.
  • All retail purchases, including insurance, electricity, education, and rent, will earn you 4 reward points per Rs.150 if you use the HDFC Regalia Credit Card.

    2. HSBC Cashback Credit Card: It is the ideal credit card for frequent shoppers who want to save money while still earning discounts. The shopping credit card is perfect for those who use their credit card often. Here are some of the benefits of this credit card, which has no annual fee:

  • To become qualified for this card, you should have a minimum earning of INR 4 lakhs per year.
  • Any time you spend, you’ll get a special cashback.
  • Take advantage of partner discounts and global card access.

    3. YES First Preferred Credit Card: If you travel and shop regularly, you will find this card to be extremely useful. It applies to those who receive a monthly minimum of INR 1,20,000/- and includes the following benefits:

  • Earn four reward points for every INR 100 spent in each group.
  • Take advantage of a variety of complementary programs and incentives.
  • Take advantage of a lower foreign exchange mark-up fee.

These are the best credit card to apply for the total value of money. You can make your choice for the best avail offers.

Conclusion: Credit cards are all set to make a definite impact on the lifestyle of people. This article has explained the process of credit card PIN change, how to generate and how to change credit card PIN. Plus it has also covered some of the best credits card to apply. Any discussion regarding credit cards is incomplete without mentioning the Bajaj Finserv RBL Bank Super Card. It is a highly rewarding credit card which offers interest free cash withdrawal for a period of 50 days. Plus, all cardholders are entitled to multiple rewards and cash backs.