What are the consequences of sending the front and back of your credit card to others? Take an example and you will know at a glance

On the Internet, people often say that they can help people increase their credit card limit unconditionally, but they need to provide the front and back information of the credit card. And we all know that the front and back of a credit card contain credit card, security code, expiration date and other information, which are important credentials for credit card transactions. So, what are the consequences if you send this information to others? You will understand after reading this example.

Example review:

Mr. Wu’s credit card has been used for a long time without raising the limit. He saw someone in the WeChat group saying that he could raise the credit card limit on his behalf, so he contacted him. , the other party asked Mr. Wu to take a photo of the front and back of the credit card and send it to him, saying that this would help him understand the credit card situation and help increase the limit.

Mr. Wu thought that since he had the credit card in his hand, even if the other party knew the front and back information, he would not be able to swipe the card, so he didn’t think too much and just took a photo and sent it to him. As a result, within 10 minutes, I received several consumption text messages in a row. Thousands of dollars on my credit card had been depleted. Only then did I realize that I had been deceived.

In real life, there are many examples like Mr. Wu. They were all not very clear about the importance of credit card information, and as a result, they were defrauded of their information and their credit cards were stolen.

Analysis:

The credit card, validity period and credit card security code on the front and back of the credit card are all important credentials for credit card transactions. As long as you have this information, you can swipe the card even if the card is not in your hand. consumption. You should know that no password is required for shopping on overseas websites. As long as the buyer provides an account number and security code, the transaction can be completed.

And the sad thing is that because the credit card information is leaked by the cardholder himself, the bank will not be held responsible even if the card is stolen. Unless the police call the police and recover the loss, the cardholder needs to advance the money he wants to use stolen, otherwise it will affect his personal credit. If the amount stolen is too large and the debt is owed for a long time, he may be held criminally responsible. responsibility.

Is it safe to provide the front and back of a credit card and phone number to others?

Of course it is not safe. Try not to disclose basic personal information to strangers, because scammers are everywhere

Can you send photos of the front and back of your credit card to others?

You are not allowed to take photos of the front and back of the credit card for others. When a cardholder uses a credit card to make large purchases, the card-issuing bank will pay the merchant a one-time payment for the goods (or services) purchased by the cardholder, and based on the cardholder's application, the consumption funds will be transferred to the cardholder's credit card account in installments. Deduction, a business in which cardholders repay according to the monthly credit amount.

In the past, credit card installments mainly included bill installments and single consumption installments. Banks usually charged corresponding handling fees based on the number of installments. Whether it is bill installment or single consumption installment, the premise is that consumption behavior occurs first, and then the bank sets the installment repayment of the credit loan generated.

Extended information

Every card-issuing bank can basically support this installment method, and the application is simple. Users only need to submit an installment application to the card-issuing bank by phone or other methods after swiping their card for consumption and before monthly bills are sent. However, it should be noted that each bank will stipulate some special cases. For example, speculative card swiping will not be successful in installments. So before proceeding with staging, be sure to read the staging manual carefully.

The disadvantage of bill installment is that the handling fee cannot be waived. The longer the number of installments, the higher the handling fee, which must be borne by the cardholder himself.