Why You Should Change Your Bank Pin

Why should you change your bank pin? A vast majority of people choose easy-to-remember patterns for their PIN code. More than 10% of people use 1234. The next most common being 1111, 000, and 1212. Because of this, a thief can use a card from every 10th person they steal from. If you lose your wallet, you can immediately call the bank to cancel your cards. But nowadays, card skimming allows thieves to make their own copies of your cards, and it’s hard to notice until your account is compromised.

Many people have trouble remembering PIN numbers, and many like to share their PINs freely with friends. Others think using their birthday is secure, but forget that losing your wallet means a thief has access to your ID, birthday, address, zip code and more.

If you want to write down your PIN number, consider using a password manager or encryption, instead of keeping it written down in your wallet.



Use numbers that can be easily mapped to information about you, or information contained in a wallet. This includes your name, phone number, birthday and SIN.

Use pet names.

Write your PIN on your card, or near your card.

Give your PIN details to others.


Spell out a word or acronym with your pin.


If your best friend’s name is Frank, use the numbers 37265.

“Encrypt” your PIN. E.g. if your pin is 9283, write down 019012018013. Add numbers that are meaningless, and make your PIN obscure. You can also add this number as a contact in your phone.

Use arithmetic to conceal your PIN. E.g. if your pin in 9283, add 2 to every digit to create: 1405. It’s a simple code only you know the answer to.

Pick numbers that mean something to you, but nothing to others. Such as a best friends phone number, or your favourite numbers.

Call your bank as soon as your card is lost, stolen or misused.


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