UK consumers are struggling to remember the pin numbers for their debit and credit cards, a study has found.
The average Brit only has to remember two pin numbers but most seem to be struggling as 16 million have resorted to writing down their codes and 2.4 million credit card users keep it written down with their card.
Head of banking at Abbey Steve Shore urges customers to try and commit their debit and credit card pin codes to memory to avoid fraudsters taking advantage.
"With many of us holding more and more pieces of plastic in our wallets the challenge of remembering all those pin codes is getting greater," he sympathises.
He adds that stolen debit or credit cards must be reported immediately.
Research conducted by Abbey found that around two million Britons are trying to remember five different pin codes, compared to 5.7 million consumers who are taking a risk by having one pin number for all their cards.
Moneysupermarket.com released figures today that consumers are against the introduction of monthly or annual credit card fees to replace penalty fees, despite consumers paying £230 million in fines last year.
News Side
Abbey: Consumers struggle to remember credit card pins
Wed, 25 Jul 2007
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