Monthly Archives: March 2011

Why should I cut up my credit card?

1 minute, 2 seconds

Recently, some one got a hold of my card and was making fraudulent charges on it. My card company was Johnny on the spot and called me to verify the charges (side note: I had no way of verifying they were who they said they were, so they did the right thing and told me to call the number on the back of my card. You can’t be too vigilant!). When I finally got a rep. on the line, they canceled my card and sent me out a new one. Done deal.

But then they tell you, “cut up your card”. Why? If the number was stolen and we’re de-activating it so it can’t be used again, why cut up the card? In fact, why would you ever cut up the card? I guess if you think that cutting it up an active card will stop you from using it, then you should do a good job and cut it real good. But otherwise, I can’t think of a reason. My 5 minutes of googling didn’t find an answer either.

Do any of my faithful readers have an answer?

Update: There’s some good discussion below, but more notable is my comeuppance! After writing this post, I got not, one, not two, but three copies of my new card. Now I have the need to trash three credit cards that are all not canceled. Oh the horror!