5 ms·

Why do you care if your credit card number is compromised?

TekMol 8y ago
Because last time that happened it was a big hassle. I had to: * Do a phone call * Fill out paperwork * Wait for a new card to arrive * Go through all services I use the card for and change it
- 706f6f70 8y ago
  To whom shall I address the invoice for my time though?
- maccard 8y ago
  Have to say, last time my card was replaced for fraud, it was easy. Bank noticed it and called me, cancelled my card, sent a new one (had it 2 days later), and I had to update the payment information on a handful of websites/services (amazon, google pay, paypal covered most of my bases). It had the nice side effect of emailing me telling me that pyament for X service had been declined, and made me think twice about renewing it (netflix)
  - TekMol 8y ago
    Sounds we have had similar experiences. But different definitions of 'easy'. Also, what if you had currently been somewhere else around the globe. How would you gotten the new card?
    - airstrike 8y ago
      Amex fedex'd my new card to a different address of my choosing. I would imagine they ship it anywhere you want.
    - maccard 8y ago
      > Also, what if you had currently been somewhere else around the globe. How would you gotten the new card? I guess that may have been a concern, but it wasn't for me. We could come up with any number of scenarios I'm sure, but in reality travelling with a second card covers 99% of the eventualities.
  - 52-6F-62 8y ago
    I had a similarly simple experience. Someone had fraudulently purchased a 23andMe kit on my card (weird, right?) and I only caught it because my account was abnormally low (~250 CAD). I phoned the bank right away and they cancelled the card number, put my account on watch, reversed the charges and I was able to go into the bank and get a new card on the spot. (VISA Debit, not a CC)
  - rconti 8y ago
    * spend the next 6 months updating autopay stuff that for some reason keeps working for 5 months after the card number changes, but then fails in month 6.
- ryanlol 8y ago
  >* Fill out paperwork Why would you need to fill out paperwork? This seems to strictly be a problem with your financial institution and not with fraud. >* Wait for a new card to arrive I had my card replaced today because of fraud, my current card will work until I activate the new card which was overnighted (internationally, even) and should arrive monday. I don't think that's a big issue. > * Go through all services I use the card for and change it All the services which I have subscriptions with seem to automatically update when I get a new card. If the process of replacing your card is a hassle, your financial institution is fucking you over. It has nothing to do with fraud.
  - mikestew 8y ago
    Why would you need to fill out paperwork? People are answering your trick question, and now you’re being argumentative. Your point has been (poorly) made, time to let it go.
    - ryanlol 8y ago
      I guess we've established that the problem isn't really fraud, but financial institutions deliberately making it difficult for consumers to deal with fraud in an effort to shift blame away from their own insecure payment systems?
- dudul 8y ago
  That's interesting, I wonder which bank you use that would require a phone call and paperwork when a card is compromised. It happened to my CC a year or so ago, and my wife just went through that with her debit card 2 weeks ago actually. In both cases, the bank actually alerted us about weird transactions, immediately canceled them and asked us to review online. We indicated that they weren't ours, the bank canceled our cards and sent replacements. Now, updating services is indeed a pain. I have a policy of never saving CC information on websites (even though it would make "my shopping more convenient next time" as they say). I do that for safety reason, even though I have close to no illusion that they probably still keep it in their DB even when I decline. So for me it didn't really disturb my workflow when paying bills and all.
14 8y ago
I don't understand your question are you serious? Even if my money is completely protected from fraud, if I have to spend one second dealing with some the problems from such fraud and the stress it could cause I would never want my credit card numbers compromised.
mikestew 8y ago
Why are you asking what you think are rhetorical questions? Because the fix is not trouble-free on my end. I assume that you’ve never had the experience if you’re asking.
- ryanlol 8y ago
  I just had my card replaced today, it took 30 seconds on my part.
  - mikestew 8y ago
    30 seconds? Damn, I guess they finally got teleportation working. Replacing the card and waiting a week wasn’t what I was referring to, and I suspect you know that. But when you have a narrative to double-down on...
    - ryanlol 8y ago
      What's the trouble you were referring to then? Why would you need to wait a week? I've always had my cards shipped overnight with fedex international first or equivalent.
  - jjnoakes 8y ago
    I had mine replaced two months ago. Most of my bills are automatically paid on the card, so I had to update my payment information on ~20 sites. At 2-3 minutes per site (optimistic really), plus the fact that one site requires I fax in the request, means it easily took me over an hour.

Because last time that happened it was a big hassle. I had to: * Do a phone call * Fill out paperwork * Wait for a new card to arrive * Go through all services I use the card for and change it

706f6f70 8y ago
To whom shall I address the invoice for my time though?
maccard 8y ago
Have to say, last time my card was replaced for fraud, it was easy. Bank noticed it and called me, cancelled my card, sent a new one (had it 2 days later), and I had to update the payment information on a handful of websites/services (amazon, google pay, paypal covered most of my bases). It had the nice side effect of emailing me telling me that pyament for X service had been declined, and made me think twice about renewing it (netflix)
- TekMol 8y ago
  Sounds we have had similar experiences. But different definitions of 'easy'. Also, what if you had currently been somewhere else around the globe. How would you gotten the new card?
  - airstrike 8y ago
    Amex fedex'd my new card to a different address of my choosing. I would imagine they ship it anywhere you want.
  - maccard 8y ago
    > Also, what if you had currently been somewhere else around the globe. How would you gotten the new card? I guess that may have been a concern, but it wasn't for me. We could come up with any number of scenarios I'm sure, but in reality travelling with a second card covers 99% of the eventualities.
- 52-6F-62 8y ago
  I had a similarly simple experience. Someone had fraudulently purchased a 23andMe kit on my card (weird, right?) and I only caught it because my account was abnormally low (~250 CAD). I phoned the bank right away and they cancelled the card number, put my account on watch, reversed the charges and I was able to go into the bank and get a new card on the spot. (VISA Debit, not a CC)
- rconti 8y ago
  * spend the next 6 months updating autopay stuff that for some reason keeps working for 5 months after the card number changes, but then fails in month 6.
ryanlol 8y ago
>* Fill out paperwork Why would you need to fill out paperwork? This seems to strictly be a problem with your financial institution and not with fraud. >* Wait for a new card to arrive I had my card replaced today because of fraud, my current card will work until I activate the new card which was overnighted (internationally, even) and should arrive monday. I don't think that's a big issue. > * Go through all services I use the card for and change it All the services which I have subscriptions with seem to automatically update when I get a new card. If the process of replacing your card is a hassle, your financial institution is fucking you over. It has nothing to do with fraud.
- mikestew 8y ago
  Why would you need to fill out paperwork? People are answering your trick question, and now you’re being argumentative. Your point has been (poorly) made, time to let it go.
  - ryanlol 8y ago
    I guess we've established that the problem isn't really fraud, but financial institutions deliberately making it difficult for consumers to deal with fraud in an effort to shift blame away from their own insecure payment systems?
dudul 8y ago
That's interesting, I wonder which bank you use that would require a phone call and paperwork when a card is compromised. It happened to my CC a year or so ago, and my wife just went through that with her debit card 2 weeks ago actually. In both cases, the bank actually alerted us about weird transactions, immediately canceled them and asked us to review online. We indicated that they weren't ours, the bank canceled our cards and sent replacements. Now, updating services is indeed a pain. I have a policy of never saving CC information on websites (even though it would make "my shopping more convenient next time" as they say). I do that for safety reason, even though I have close to no illusion that they probably still keep it in their DB even when I decline. So for me it didn't really disturb my workflow when paying bills and all.

14 8y ago

I don't understand your question are you serious? Even if my money is completely protected from fraud, if I have to spend one second dealing with some the problems from such fraud and the stress it could cause I would never want my credit card numbers compromised.

mikestew 8y ago

Why are you asking what you think are rhetorical questions? Because the fix is not trouble-free on my end. I assume that you’ve never had the experience if you’re asking.

ryanlol 8y ago
I just had my card replaced today, it took 30 seconds on my part.
- mikestew 8y ago
  30 seconds? Damn, I guess they finally got teleportation working. Replacing the card and waiting a week wasn’t what I was referring to, and I suspect you know that. But when you have a narrative to double-down on...
  - ryanlol 8y ago
    What's the trouble you were referring to then? Why would you need to wait a week? I've always had my cards shipped overnight with fedex international first or equivalent.
- jjnoakes 8y ago
  I had mine replaced two months ago. Most of my bills are automatically paid on the card, so I had to update my payment information on ~20 sites. At 2-3 minutes per site (optimistic really), plus the fact that one site requires I fax in the request, means it easily took me over an hour.