[eterm]

Stories you've read online?

There is zero hassle reversing fraudulent charges, in many cases the bank itself will tell the person they think something is fraudulent, and a quick "Yeah that was me" or "Oh dear that wasn't me" is all it takes.

4 digits is enough security given it requires having the card itself, and locks out after a few incorrect attempts.

And security is about traceability not preventability.

[DanBC]

> There is zero hassle reversing fraudulent charges,

For fraud where the pin is used? In the UK if the criminal uses your pin you're going to struggle to get the bank to repay you.

"banks / credit card companies always repay the victims of fraud" is a bit of a meme, and it's dangerous because it's often not the case. The repay in certain clearly limited cases, but not in others.

[nly]

I've never had a UK bank refuse to reimburse fraudulent transactions for me. Usually you just have to report it promptly and sign a statement to say it wasn't you. The bottom line is for relatively small transactions (say a few grand or less), it's not worth their time to investigate.