Card security, I've said this before, but worth repeating.

RichL74

jen245 wrote: »

Sorry OP, but of you have been scammed anyway, then what's the point of doing all that?! It's very OCD, and most people, myself included, wouldn't even dream of going to those lengths! I think you need to chill out a bit

Looks like a cut and paste job to me.

dalesrider

kowloonboy wrote: »

You got insurance protection with your credit card. As long as you can proof where you are at the time. If someone nick your details and used it else where. You are not liable to that, because the card company isn't that stupid.

There isn't insurance as such and the card providers are not insured against losses. They claim any fraud it back from the retailers.
So at the end of the day everybody pays for fraud.

I would not always bank on being able to prove you were elsewhere as a meaning you are not liable. If it could be proved that you were party to the fraud, where you were would make no diffrence.

99% of fraud is clear cut. Its the nasty little 1% that causes the problems.

someone

The CSV2 code is used in stores if your card requires telephone authorisation. If you was trying to pay with it and it did get referred then chances are the person ringing will code 10 as the card has been defaced.

jamespir

you could always not use them at all

Dirk_Gently_2

As with everything to do with security, it's a trade-off between level of security and convenience/usability. I think the OP is at the extreme end of that line.

Personally, I'll accept a little bit of risk in return for not spending half my life trying to keep things so tightly secure that they're unnecessarily complicated. Especially when, as pointed out, the impact of that risk to me is unlikely to be major in the long-term.

ChopperST

I think the most sensible precaution is to use a CC for day to day purchases and only use your DC when you need cold hard cash. That way any fraud on your account doesn't come immediately out of your bank account where is could impact on other direct debits standing orders etc.

Would agree with the majority here that the OP is a little too on the paranoid side!

richardmk

jen245 wrote: »

Sorry OP, but of you have been scammed anyway, then what's the point of doing all that?! It's very OCD, and most people, myself included, wouldn't even dream of going to those lengths! I think you need to chill out a bit

Definitely agree Although a faraday wallet would ensure that the RFID was not read!
Card interception in the post, and ATM card retention are much more likely to happen so if you always arranged to collect the card from the branch, and only withdrew cash across the counter you could save yourself from protecting against these less likely events!

derps

OP, you got scammed because you made the amateur mistake of forgetting to wear a tinfoil hat.

This stops the New World Order stealing your thoughts with their satellites and financing their international conspiracy with small fraudulent transactions.

yangptangkipperbang

"Just because you're paranoid, doesn't mean they're not out to get you"

Rotti

I have just had my first contact with contactless cards. HSBC sent me one when my debit card (which I only use at one Sainsburys branch to withdraw cash) expired and I didn't really take much notice - don't use the kind of places that take these like Starbucks and don't possess an Oyster Card, so really didn't know what it was all about. Until a policeman friend updated me that is! I was not aware that the information can be read from you just by someone walking past with a scanner - how ridiculous is that? And in an age of heightened security surely it is a backwards step in the name of convenience? They might only work for small transactions but if they clone enough of the same card they could hit you hard and then you are the one that has the hassle of getting the money back and being without a card while it is replaced. I called HSBC and was told a large survey was done - nobody surveyed me! I told them I didn't want ANY contactless cards as I considered them a liability and they are sending a chip and pin replacement. I have to wonder how many others there are out there who don't realise the full implications of these things.