Originally Posted by
tmiw
Not necessarily. My Andrews FCU card lists offline PIN in its CVM list and has no online PIN options.
Here's what Cardpeek shows on my USAA MC:
CVM 1 = unattended cash PIN online (for ATM cash draws)
CVM 2 = PIN offline
CVM 3 = plaintext PIN offline
CVM 4 = signature
CVM 5 = PIN online
CVM 6 = no CVM
Note that this is an "old-style" USAA card issued in March 2013, before jeffjaguar's report on his new card's shortcomings. So far, every use of this card at an EMV-enabled location has required me to enter the PIN, no matter how large the transaction (e.g., Walmart), which makes sense given the CVM list entries.
BTW, I kinda think the recent discussion here may be confusing two online/offline issues. There is the online/offline cardholder verification issue (this post), and there is the issue of whether a card's PIN can be changed or not. Seems like two separate issues: answering one doesn't answer the other. Anybody have information to the contrary?