Reply
Contributor
FixMyCredit1992
Posts: 380
Registered: ‎10-01-2013

Why do people sign the back of their CC?

I've never had an actual credit card, but I've had 3-4 debit cards. Never signed the back of any of them.

 

Never has a blank back been an issue either. 

 

 

Wells Fargo $300 (Secured) Fingerhut $180 Victoria Secret $350
Moderator
Shogun
Posts: 10,871
Registered: ‎04-15-2011

Re: Why do people sign the back of their CC?

Most of the time, the signing the back of the card is actually included in the cardmember agreement.  So not signing it is a violation of said agreement.


Starting Score: 504

Current Score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Going for Wade64's RUDY Spade!
Valued Contributor
Swapmeet
Posts: 1,261
Registered: ‎11-10-2012

Re: Why do people sign the back of their CC?

I sign the back of mine because there is a chance that someone will catch a signature discrepancy. It is not likely, but without that it is 0% likely.

My Wallet: WalMart: ||10k|| USAA Platinum MC: ||13k|| Amex Delta Gold: ||2k||; BCE: ||9k|| Chase Freedom Siggy: ||10k||
Discover it: ||6.5k|| SG Visa: ||7k|| USAA World MC: ||13k|| US Bank Cash+ Siggy: ||5k|| Citi TYP World MC: ||10.5k||
Barlays Arrival World MC: ||10k||
Fico Scores: EQ 700 (SW),TU 745 (Walmart), EX 738 (myfico) Last app: Arrival World MC 2-1-14
Valued Contributor
Swapmeet
Posts: 1,261
Registered: ‎11-10-2012

Re: Why do people sign the back of their CC?


Shogun wrote:

Most of the time, the signing the back of the card is actually included in the cardmember agreement.  So not signing it is a violation of said agreement.


interesting point

My Wallet: WalMart: ||10k|| USAA Platinum MC: ||13k|| Amex Delta Gold: ||2k||; BCE: ||9k|| Chase Freedom Siggy: ||10k||
Discover it: ||6.5k|| SG Visa: ||7k|| USAA World MC: ||13k|| US Bank Cash+ Siggy: ||5k|| Citi TYP World MC: ||10.5k||
Barlays Arrival World MC: ||10k||
Fico Scores: EQ 700 (SW),TU 745 (Walmart), EX 738 (myfico) Last app: Arrival World MC 2-1-14
Senior Contributor
john398
Posts: 3,232
Registered: ‎01-19-2009

Re: Why do people sign the back of their CC?

And also the merchant agreement they are suppose to match the signature on the back with your receipt, however I no longer sign my cards either LOL since there not signed the post office makes me show ID, and a couple merchants

New Contributor
dbutz1109
Posts: 85
Registered: ‎11-12-2013

Re: Why do people sign the back of their CC?

I never sign the back of my cards...I've always been told it can make it easier to have fraudulent charges made since someone can copy your signature then. I either leave it blank or put CID in the signature box. However, I've found that no one actually ever asks me for ID to verify my identity.


FICO - TU: 757 | EQ: 745 | EX: 734
FAKO - EX: 722 | TU: 723
Chase Freedom Visa Signature: $7k | Amex BCE: $5k | Discover it: $4.5k | Sears MasterCard: $3k | Barclays Visa Financing (Apple): $2k
Started Gardening: 03/05/2014 | In the Garden 'til: 03/05/2016 | Goal: 750 across the board, all inquires off my CRs
Super Contributor
coldnmn
Posts: 7,712
Registered: ‎08-08-2011

Re: Why do people sign the back of their CC?

Also a security issue. It amazes me why people don't want to follow card agreement for their own security. 


My Wallet: Ace US Bank $6000 / Walmart Discover $6000 / US Bank Cash+ Signature $5500 / Discover IT $5000
/ Care Credit $5000 / PayPal SmartConnect $4000 / Sam's Discover $4000 / Cap1 Quicksilver $4000
/ Barclay Ring $3550
Last App 10/25/13 / Gardening to keep ahead of Wade to Diamond! ROFLOL!
Moderator
Shogun
Posts: 10,871
Registered: ‎04-15-2011

Re: Why do people sign the back of their CC?

Once again, the showing of ID is not required and they cannot deny the charge for lack of providing ID.


Starting Score: 504

Current Score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Going for Wade64's RUDY Spade!
Valued Contributor
Duncanrr
Posts: 2,825
Registered: ‎06-08-2012

Re: Why do people sign the back of their CC?


coldnmn wrote:

Also a security issue. It amazes me why people don't want to follow card agreement for their own security. 


There is a school of thought, as mentioned by earlier poster, that the signing of the back of the card actually lessens your security as it provides would be thiefs with access to your signature to copy.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 688 TU 727 EX 704 CK 696 (FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Valued Contributor
injustifiiable
Posts: 1,721
Registered: ‎03-30-2012

Re: Why do people sign the back of their CC?

I sign in fine point blue Sharpie so it doesn't fade like my signature did on my debit card.

Scores 3/17/2014: TU FICO: 645 | EQ FICO: 674 | EX AMEX FICO: 662

In my new wallet: American Express Premier Rewards Gold: NPSL | BankAmericard Cash Rewards: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1250 | Walmart: $900 | J.Crew $2250

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+