mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I recently received my new Discover card and after activating it via the toll-free #, I signed the back and stuffed it in my wallet. I really do not believe that by me signing the card that I am somehow increasing the security of my acount, but I am a creature of habit I guess.
This article from bankrate.com also addresses this issue:
"There is very good evidence that signing the back of your card is meaningless anymore," says Paul Mason, assistant dean of the University of Kansas School of Business. Mason is a certified fraud investigator and CPA who has been teaching courses on fraud for the past eight years and is writing a textbook on the topic for college-level instruction. "I can tell you that in the Midwest, where I live, it is most unusual to have a clerk look at the back of the card. They usually swipe it and hand it back."
Check ID
In truth, there is a large segment of the card-carrying public that simply refuses to sign their cards, believing it helps protect them from fraud if their cards are lost or stolen. Mason is one of them. Instead, he writes "Check ID" on the signature panel. Should a shopkeeper look at the back of his card, he says that phrase should prompt a request to see a driver's license or other form of ID.
http://www.bankrate.com/brm/news/cc/20060901a1.asp
I wonder why CC companies still have a space on the card for a signature? Seems like an antiquated, unnecessary feature of the card.
This article from bankrate.com also addresses this issue:
"There is very good evidence that signing the back of your card is meaningless anymore," says Paul Mason, assistant dean of the University of Kansas School of Business. Mason is a certified fraud investigator and CPA who has been teaching courses on fraud for the past eight years and is writing a textbook on the topic for college-level instruction. "I can tell you that in the Midwest, where I live, it is most unusual to have a clerk look at the back of the card. They usually swipe it and hand it back."
Check ID
In truth, there is a large segment of the card-carrying public that simply refuses to sign their cards, believing it helps protect them from fraud if their cards are lost or stolen. Mason is one of them. Instead, he writes "Check ID" on the signature panel. Should a shopkeeper look at the back of his card, he says that phrase should prompt a request to see a driver's license or other form of ID.
http://www.bankrate.com/brm/news/cc/20060901a1.asp
I wonder why CC companies still have a space on the card for a signature? Seems like an antiquated, unnecessary feature of the card.