"See ID" on Credit Card?

See ID? Don't do it!

Excerpt:

Thousands of consumers have written "See ID" or "Ask For ID" on the back of their credit or debit cards in lieu of a signature, believing the practice will thwart fraudsters.

After all, how could someone use a card fraudulently if they're asked to produce identification with it?

"Ever since I had my identity stolen, I have it on all my cards," said Matthew McGrigg, a 37-year-old executive for a Denver software company who watched helplessly as thieves drained his bank accounts with little more than his signature a few years ago.

But officials at Visa and MasterCard say unsigned cards are not only invalid, businesses should not accept them for purchases. And a card without the owner's autograph may actually be exposing the cardholder to fraud - and saddling the merchant who accepts it with the liability.

Comment: I still think it is a good idea! Image courtesy of Retail Management Online