Do you set your a password for your credit card?

@youless (92268)
Guangzhou, China
October 21, 2011 3:55am CST
Usually when we go shopping, we will pay by credit card with our signature. But you can also set a password for your credit card. So besides the signature, you also need to input your password correctly so that you can pay by your credit card. Do you think this protection is necessary? I haven't set a password for my credit card yet since I think my signature is already enough. I am afraid others will see my password when I input it. And if my credit card loses, they can use it without problems since they know the password.
6 responses
@celticeagle (118609)
• Boise, Idaho
22 Oct 11
The card that I use needs a PIN number for it to be activated and used each time. I like the security of that. I do believe that every protection should be taken in our financial matters. I think about the old folks who used to put their money under their matresses. Makes sense in a way.
@youless (92268)
• Guangzhou, China
23 Oct 11
I don't really know what the PIN number is. Is it the number which printed on the back of the credit card?
1 person likes this
@celticeagle (118609)
• Boise, Idaho
24 Oct 11
No. It is a four digit code you make up yourself.
@yspmyl (3438)
• Malaysia
21 Oct 11
I only use signature with my credit card, at the moment, setting password with credit card have not been establish or required here. I would prefer to use the password instead of signature, because signature can easily imitate by anybody. So, I think passwords will be much safer. I don't think it will be easy for someone to know your passwords at least you need to put some precaution like make sure no body behind or beside you when you are entering the password. But signature, everyone can see it.
@youless (92268)
• Guangzhou, China
21 Oct 11
But when you are paying in the supermarket, there will be people who are around you and they may see your password. If someone tries to copy my signature, at least finally it will be proved that this is not signed by me. But if someone knows my password and they purchase something, then I may not get my money back since I don't have evidence to show it is someone else.
@yspmyl (3438)
• Malaysia
22 Oct 11
If you lost your credit card, and you are using signature, other can easily imitate your signature because it is on the back of your credit card, but if you use password, if someone got your credit card but without the password, they can't use it at all. So, do you think it will be safer? Your password may be seeing by someone but they have to get your credit card in order to use your credit card to buy something, but if you use signature, they can just get your card without needed to know your password. So, that is the different of password and signature.
@SViswan (12072)
• India
23 Oct 11
I've heard that it's safer to set a password option. I've done so for my card(not a credit card but a debit card). I don't use my card much but I make sure that my hand covers the password when I am typing it in.
1 person likes this
@youless (92268)
• Guangzhou, China
23 Oct 11
I prefer to use credit card rather than debit card.
• United States
22 Oct 11
The only time I have needed a password is if I intend to use my credit card to get cash. Although I have had passwords for this, I rarely would use it for cash, so my password would hardly ever be used. Yes it can be dangerous if someone else knows our passwords, so I never write them anywhere any one could find them and or use it in the presences of anyone. Although I do know that if anyone uses our cards without our permission our credit cards companies are secure, therefore, with the proper form completed we can get the transactions reversed. Thankfully I have not had to do this, but use to work for a boss who constantly lost his card and I had to complain to his credit card companies and have the forms sent.
1 person likes this
@youless (92268)
• Guangzhou, China
22 Oct 11
I don't withdraw cash from my credit card as it will charge me a high fee...
@stephcjh (32327)
• United States
21 Oct 11
We do not use a password for our credit card. We use a 4 digit pin number instead.
1 person likes this
@youless (92268)
• Guangzhou, China
22 Oct 11
It seems such kind of feature is not available here yet.
@wolfie34 (26793)
• United Kingdom
8 Nov 11
Whenever you pay by credit card now you have to stick it into a machine and type your code onto the keypad which is placed away from the cashier, the machine tells you if your pin has been accepted and to take the card out of the machine. I never have to sign when I use my credit card now, just type in my pin and that's it.
@youless (92268)
• Guangzhou, China
9 Nov 11
I am afraid this kind of security.