Personally, I think it's a risk of someone stole your credit card and forge your signature. What do you think?
2006-12-07 18:11:52 · 18 answers · asked by Wai 5 in Business & Finance ➔ Credit
If you read the terms and conditions of most credit or debt cards it will tell you that the card is not valid unless signed. In fact that is often written on the card itself.
Now at some stores the cashier won't even look, but an intelligent one will not even accept a card that is not signed.
If you don't sign your card, and then it gets stolen, the thief can simply sign your name on the back. Then whenever he uses your card his signature will perfectly match the one on the card, making his use of the card even less suspicious. Not signing the card actually makes the card more vulnerable to theft.
These days a good card can be shut off instantly with a single phone call, and your fraud liability should be zero on any decent card. So I really wouldn't get too worried about this kind of thing.
Keep in mind that if the terms and conditions require you to sign the card, and you leave it blank, they may consider you liable for any fraud that may happen, since you chose to ignore their recommendations and thus compromised the security of the card through your negligence.
2006-12-07 19:08:14 · answer #1 · answered by ZCT 7 · 0⤊ 0⤋
Yes.because when some one store your credit card and they went to use it they have to sign and when they don't know your senguar then they they will not be able to take money from your your credit card
2016-03-13 06:20:39 · answer #2 · answered by DAVE 1 · 0⤊ 0⤋
Your suppose to sign it because in the event that you dont have your id your signature is suppose to act as another way of verifying who you are. I sign the back of mine with a distinct signature so no one else can find it blank, sign it and then make purchases... granted people are suppose to always check for id but sad to say they dont. Sometimes they forget or just out right dont care. However, it is a catch 22 cause if you lost it they could take the signature and use it else where not just necesarily your card..
2006-12-07 18:23:11 · answer #3 · answered by TeQN'ical 2 · 0⤊ 1⤋
On the back of any credit card, it states something like "Not valid unless signed". If it is not signed, you are in violation of your agreement with the credit card issuer and you could be held liable for unauthorized charges against the card, if stolen. You may write "Check ID" on it, but you also HAVE to sign it.
2006-12-11 03:27:01 · answer #4 · answered by paul b 1 · 0⤊ 0⤋
I've hear that some people write "ask for picture ID" on the back of their credit cards since your pic ID usually has your signature on it also. You still have to sign it but nothing says how big your signature needs to be.
2006-12-07 18:22:19 · answer #5 · answered by snowy 3 · 1⤊ 2⤋
I sign my cards to own possesion of it. There's no harm to it and it's supposed to be required that you do sign it because retailers aren't supposed to take your card without a signature, but most of them don't even check.
2006-12-07 18:21:59 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Theoretically, retailers won't accept the credit card unless it's signed. They hardly ever check, though.
2006-12-07 18:13:49 · answer #7 · answered by drshorty 7 · 2⤊ 1⤋
of course you do!! if someone else goes and signs the back of your card, then they have the authorised signature for the card and they cud buy woteva they like and the bill will be sent to you!!
2006-12-07 18:16:12 · answer #8 · answered by ligeevia 1 · 2⤊ 1⤋
Yes
2006-12-07 18:14:33 · answer #9 · answered by Anonymous · 1⤊ 1⤋
Instead of signing it, put " Check ID, or Ask for ID"
2006-12-07 21:02:16 · answer #10 · answered by a9113257311 3 · 0⤊ 0⤋