Credit card spending is not only convenient, but also enjoys various discounts and discounts.
But many friends don't have the habit of signing on the back of the credit card after getting off the card.
Then, do I have to sign on the back of the credit card? What will happen if you don't sign it? What are the precautions for endorsement?
Next, I will decrypt for all card friends!
Why sign on the back of the credit card?
Many people may have questions. My name is already on the card. Why do you need a "back sign"?
In fact, the endorsement of credit card is as important as the password of credit card, both of which are to ensure the safety of consumers.
For example, many people's credit cards now have no passwords and only rely on signature authentication.
If the credit card is stolen, the merchant will bear the main responsibility, because the merchant has not carefully checked whether the signature of the thief is consistent with the back of the card.
Of course, businesses are not stupid. To be on the safe side, if you encounter a credit card without a back sign, the merchant may refuse to provide you with credit card service.
In fact, the phenomenon of setting passwords on credit cards is almost non-existent in Europe and America.
Because the financial systems in these countries are quite perfect, credit card consumption basically relies on the cardholder's signature for identity authentication.
As we all know, in the important prompt column of a bank's credit card issuance form, the words "This card is for personal use only, please sign in the signature column on the back of the card" will be marked.
However, in daily life, this little skill is often ignored by everyone. According to a survey conducted by a branch of the People's Bank of China, only 24% of credit card holders approved it.
So, what is the important role of endorsement?
1. If you don't sign it, it will affect your spending abroad.
Bank staff said that the signature on the back of the credit card is the guarantee of consumer safety and is as important as the password.
Unlike in China, you don't need to verify the password when you spend your credit card abroad, but you rely entirely on your signature.
Therefore, if the cardholder does not sign back, it will affect his normal consumption abroad.
2.ATM swallowing cards can be retrieved by signature.
When the cardholder withdraws money from the bank ATM, if there is something wrong with the machine, the card will be swallowed.
Bank staff cannot verify the identity of the victim;
You can check the signature on the back of the bank card with the signature on the register, so as to handle the card return business.
If the signature does not match, the mall may refuse to sell the goods.
When spending by credit card, the cashier has the right to cancel the consumption and refuse to sell the goods if he finds that the signature does not match the signature on the credit card during the process of checking the signature.
Don't think this is a fantasy, because the risk of credit card theft caused by unsigned settlement will be borne by the merchant, and the responsibility for the theft of unsigned credit cards lies with the cardholder.
In addition, what should I pay attention to when "endorsing" a credit card?
1, endorsement time
After getting the card, if there are no special circumstances, the endorsement will be completed as soon as possible.
Otherwise, with the use of cards, the signature column will produce some oil stains, which is very unfavorable for handwriting recognition.
2. Backsign with a pen
The pen used for the back label is also very particular. Usually ballpoint pens should be the first choice, followed by gel pens.
Ballpoint pens are more durable because they are relatively difficult to wipe.
3. Handwriting with signature on the back
The handwriting on the back label should be avoided to be too neat, otherwise it will be easily imitated by thieves.
It is best to write in the same handwriting as usual, but not too grandiose and scribble.
4. The refund shall not be altered.
Once the endorsement is completed, it shall not be altered at will in the future, otherwise it will be deemed invalid.
If you accidentally sign it wrong, the only solution is to apply for another one.
In addition to ignoring the endorsement of credit cards, I believe that most people know less about the "last three codes" behind credit cards.
"The last three digits" are the three digits behind the credit card. It is understood that the last three digits of the signature column on the back of the credit card are the verification code of the card-free transaction password, which is used to verify the identity of the cardholder when making card-free consumption.
Need to be reminded that once the cardholder reveals these three figures, it is easy to cause the amount in the card to be stolen.
At present, the use of credit cards is divided into "on-card transactions" and "off-line transactions".
In the former, the cardholder "swipes the card" with the credit card and signs the authorization to complete the transaction.
Off-line transactions are common in hotels, airline sales centers and corporate finance. Similarly, through the POS system, you can provide the credit card account number and its verification code to complete the transaction.
Therefore, cardholders should not give their cards to others for use and viewing, so as to avoid offline transactions after the information is recorded by criminals.
After receiving the credit card, you'd better cut a piece of tape to cover the last three yards.
If you swipe your card for eating and shopping, don't bother to give it to the clerk to settle the bill, so as to avoid people with ulterior motives taking the opportunity to obtain relevant information about the credit card.