When swiping or using the chip reader, you need to use the PIN. Since the assumption is that the PIN is private to you if someone steals your card and uses the PIN the bank will assume that you gave them the PIN. You will be stuck trying to prove that they obtained the PIN without your help.
If someone steals your credit card and uses the PIN, that will likely be top of the list of questions, "how did they get the PIN?" but ultimately, they have to prove that you were responsible for the charges... and in using the password, that's strong evidence in their favor.
When swiping or using the chip reader, you need to use the PIN. Since the assumption is that the PIN is private to you if someone steals your card and uses the PIN the bank will assume that you gave them the PIN. You will be stuck trying to prove that they obtained the PIN without your help.
If someone steals your credit card and uses the PIN, that will likely be top of the list of questions, "how did they get the PIN?" but ultimately, they have to prove that you were responsible for the charges... and in using the password, that's strong evidence in their favor.
Unless you use it as "credit" instead of debit. I always choose that and never have to use my pin on purchases
I'm not sure how that relates...
He was just saying you can use your debit card as a credit card and it bypasses all of what you’re talking about.
Also, you don’t need a pin for credit cards, you’re thinking of debit cards.
If you tap, no. If you use the chip or swipe, yes.
I thought what you describe was overdraft type of thing... that makes sense at least.