Insanities related to applying for a new credit card
I have had a terrible luck dealing with banks. Since I am not a formal employee in any company, they are scared of giving me a credit card.
The scary part about applying for a new credit card is the information they demand from you.
All of them seem to require the original copy of your current credit card bill, an impression of that credit card and a photocopy of the card as well.
Now they just need a couple of seconds to glance at the three digit csv number at the back of the card to collect enough information to use the card for internet shopping.
I have been lucky on this front considering my card has never been misused by any of the agencies which work on the behalf of the banks.
But I am not sure how long would it last.
I am not sure what the regulations are in this regard but it sucks to have banks demanding so much information on your current card to give you one. I am pretty sure that MasterCard and Visa would have a system in place to check out the past credit history of a person.
None of these banks are interested in checking out your credit history. If you have been a good customer, it does not interest them.
April 30th, 2008 at 03:20 pm
Strike off or erase the cvv code and memorize it. As a precaution, write the cvv code and the 4 digit code somewhere and store it in a safe place.
Whenver, any agent asks for the card, feel free to do so. No matter how hard they try, they wont be able to get the code.
Normally, the banks need only the card number and the validity dates to verify the credit worthiness. Never ever give the code to others, even if they are directly callling from the bank!!
Follow this procedures and stay tension free!!
May 1st, 2008 at 01:20 am
Strike off or erase the cvv code and memorize it. As a precaution, write the cvv code and the 4 digit code somewhere and store it in a safe place.
Whenver, any agent asks for the card, feel free to do so. No matter how hard they try, they wont be able to get the code.
Normally, the banks need only the card number and the validity dates to verify the credit worthiness. Never ever give the code to others, even if they are directly callling from the bank!!
Follow this procedures and stay tension free!!