Banks, credit unions, and other financial institutions all issue debit cards so their customers can easily withdraw cash from an ATM. And getting cash from a debit card means you will need to keep visiting an ATM.
In the United States, chip-and-PIN debit cards are the norm, as opposed to credit card chip-and-signature requirements.
Your PIN will be requested whenever you use your debit card to make a purchase. Professionals in the banking and cybersecurity industries agree that periodically rotating PINs for debit cards is an effective way to deter fraudulent activity.
Using a stolen credit card successfully requires finding a user who hasn’t changed their PIN. In spite of the obvious security benefits, this approach leaves room for human error. As you need to remember lots of other things, such as passwords and other card PINs.
It’s common practice, and even more so if you carry debit cards from multiple banks and frequently change your PIN.
Some people reach their maximum storage capacity in the brain and simply forget everything the next morning.
What should be done when the personal identification number is forgotten? Can a debit card be used if you don’t know the PIN?
A debit card can be used without having to enter a PIN. You can avoid entering your PIN whenever you use your debit card in a store by treating it like a credit card. It’s possible that you won’t need a pin for purchases under $25. Surprisingly, the PIN isn’t required for online purchases at most online retail stores such as Amazon, Best Buy, etc.
Unfortunately, a PIN is required for ATM withdrawals and store cashback when using a credit card.
How to Check Debit Card Balance Without a PIN?
If you want to catch any fraudulent activity on your debit card account, you need to check your balance frequently.
Having had credit applied to your debit card, you may be curious as to how much money is still available.
Where can you look up your debit card balance if you’ve forgotten your PIN? Some of the paths open to you are:
- Online Banking To Check: Now more than ever, you can do your banking online. You can view your debit card balance at any time without entering a PIN on the website of your financial institution. To view your account details, simply sign in with your online credentials. Payment of bills and money transfers are also available.
- Use a Mobile App: Using the mobile app provided by your bank, you can access your account balance via the internet from any mobile device. The mobile app for your bank even allows you to deposit checks digitally.
- Enable Balance Alerts: It can become tedious to have to manually log in every time you make a purchase with your debit card to see how much money you have left. The best way to stay on top of your account balance at all times is to set up automatic text or email alerts. You can, for instance, choose to be notified whenever a certain dollar amount is withdrawn from your account or whenever your card is used to make a purchase. Your debit card will have an extra layer of protection against fraudulent use.
- Contact a bank employee: A good analog option is to visit your local branch and ask a teller to print off your bank statement. It’s time-consuming, and you may be charged a fee at some banks. You are better off with our self-service banking options above.
How to Get Cash Back Without a PIN from a Debit Card?
Attempting to withdraw funds from a debit card without the correct PIN is a whole other ballgame. Contrast that with actually buying something!
As the rule goes, you can’t use your debit card to withdraw cash unless you know your PIN. At the ATM of your financial institution, you’ll be asked to enter your personal identification number (PIN) for verification purposes.
It can’t be helped. Unless you have a PIN, you won’t be able to withdraw money from an ATM.
What about in-store cash returns?
Merchants will treat your debit card like a credit card when making a purchase, but they will not give you cash back without entering your PIN. They all follow the same set of guidelines when they play.
How to Use a Debit Card Online Without a PIN?
A PIN-less debit card can also be used to make purchases through the bank’s mobile app or website. Credit cards in general, rather than specific debit or credit card options, are displayed by online payment gateways.
A valid debit card number, expiration date, and CVV are all that are needed to complete the purchase.
You’ll find the CVV on the back of your card, and it’ll be a three-digit or four-digit number. Only American Express cards have a CVV code with four digits.
It’s in the upper right corner of the card’s face. Although convenient, this method exposes users to a substantial possibility of fraud.
Someone else can use your credit card if they find it, or if a crook on the deep web gets their hands on your information and you lose it.
To make online purchases more secure, you should consider linking your credit card to a service like PayPal. Once you have a PayPal account, you can use it like a credit card to buy things online.
As an alternative, you can use the mobile app provided by your bank to make purchases. With just your login and password, you’ll have instant access to your account information and the ability to use your debit card to make purchases without entering your PIN.
How to Transfer Money from Credit Card to Debit Card?
Transferring funds from a credit card to a debit card can be done in a few different ways. Whether or not you can make a direct-to-bank transfer, and the associated fees will determine which option you go with.
In order to move funds from a credit card to a debit card, you can do the following:
- Internet banking: Start by logging into the online banking system associated with your credit card. Choose the method of transfer and enter the desired amount.
- Contact Customer Support: Contact your preferred bank via phone and inquire about making an interbank transfer.
- Phone Wallets: Transferring funds from your credit card to your debit card can be done indirectly through an e-wallet if the two accounts are linked. Prepare your digital wallet first by adding funds. After that, you can move the money to your bank account. One such example is Venmo.
If your bank does not allow the transfer of money from a Credit Card to a Debit Card then you can follow the below steps:
- Write A Self Check: Use the payee name “Self” when writing a check to yourself, and then deposit the money. Your credit card company will initiate a fund transfer to your debit card company. There will be fees associated with both the collection and deposit of checks.
- Cash Advance From Credit Card: Take money out of an ATM using your credit card and put it on your debit card. Getting a cash advance usually comes with hefty fees attached.
Have no fear if you lose track of your debit card PIN. A debit card can be used even without a PIN. By having your debit card treated as credit, you can use a credit card network to make purchases with just a swipe and a signature.
You can also use your card to make purchases online or through your mobile app without entering a PIN.
Such ease of use, of course, comes for nothing. You could fall victim to PIN-less debit card fraud. Using a debit card like a credit card requires extra caution.
You can avoid this by checking your balance regularly. Register for bank alerts to receive instant notifications of any suspicious activity.