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YEEEESSS FINALLY!!!!

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  • YEEEESSS FINALLY!!!!

    don't believe these credit card myths

    Myth No. 1: Writing 'See ID' on the signature line on the back of your cards will stop a credit card thief cold and absolve you of any liability if a thief uses it.

    The Reality: An unsigned credit card is invalid, technically, according to the agreements that card issuers have with retailers. No matter what's on the back, you're only liable for up to $50 charged when a card is stolen.
    Honestly.... the image of that in my head made me go "AWESOME!"..... and then I remembered I am terribly strange.-Red dazes

  • #2
    Quoth BlaqueKatt View Post
    The Reality: An unsigned credit card is invalid, technically, according to the agreements that card issuers have with retailers. No matter what's on the back, you're only liable for up to $50 charged when a card is stolen.
    So technically the merchant is guilty of accepting an invalid credit card?
    Quote Dalesys:
    ... as in "Ifn thet dawg comes at me, Ima gonna shutz ma panz!"

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    • #3
      Quoth draggar View Post
      So technically the merchant is guilty of accepting an invalid credit card?
      Yep.

      Though half the time employees don't even look at them so it doesn't really matter what you write on it. I saw one of those Dateline-type shows once where the tested whether having a photo on your card prevents others from being able to use it. They sent an Asian guy in with a card that had a picture of a white guy on it, and another place with a woman's picture on the card, and had no problem either time.

      Besides, with more and more stores going to the swipe-it-yourself machines, half the time the cashier doesn't even touch your card, let alone have a chance to look at the back of it.
      Last edited by BookstoreEscapee; 02-08-2009, 11:49 PM.
      I don't go in for ancient wisdom
      I don't believe just 'cause ideas are tenacious
      It means that they're worthy - Tim Minchin, "White Wine in the Sun"

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