I forget how spoilt I am with Monzo

[SebH]

@HoldenCarver

You can’t have more than one ‘card reader’ with HSBC and FirstDirect that way, as they lock you to the phone/app combination you set up the Digital Secure Key on, and if you want to set it up on a new phone you have to disable it on the old phone first.

Which means you’re screwed if you’ve changed phones because the old phone kinda blew up after getting rained on, so you can’t deactivate the DSK on it. Only solution is to spend at least half an hour on the phone getting the bank to deactivate it at their end.

Although this can be annoying, it also works as a security feature. If I’m registered for Digital Secure Key on my phone, I know both that nobody else can attempt to register it and that I am the only one who can possibly generate codes for my account.

This helps reduce the possibility of fraud, as only allowing one device to be registered means you can never become an “unaware” victim of impersonation or fraud.