![]() ![]() Make sure you do the following to keep your PIN secret: For example, avoid using your birthday, Social Insurance Number, address or telephone number as your PIN. Keep your PIN a secret.Ĭhoose a PIN that is difficult to guess. Credit cards with computer chips still have magnetic stripes This is so you may use them in countries that don't have chip-reading technology. The computer chip works with your PIN to make sure you give permission for each transaction This helps protect you against fraud if someone steals your card. ![]() In Canada, all federally regulated financial institutions must decline any magnetic stripe transactions.Īll newly issued Canadian credit cards have a computer chip that makes transactions more secure. Prevent credit card fraud by protecting your credit card and your personal information.
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