Sunday, September 30, 2007

Signing The Back Of Your Credit Cards?

The conventional wisdom says you should sign the strip on the back of your credit card immediately upon receipt. This is supposed to be a deterrent to fraud.

On a casual level, this may be true. However, how often have salesclerks actually checked the back-of-the-card signature against your receipt signature. And, if it's a digitally signed receipt, my signature seldom bears even a remote resemblance to the one on the back of the card. And, that's assuming it's not blurred or worn away altogether.

But, don't leave that strip blank, either. golbguru suggests writing "Ask for photo ID" in the space as a more effective solution.

Read more ... Sign The Back Of Your Credit Cards - Useless Fraud Prevention Advice?

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