What card details should you not give away?

Safeguarding Your Card: Essential Details to Protect

In the realm of modern finance, protecting your bank card is paramount to safeguarding your financial well-being. Among the most critical pieces of information to guard against unauthorized use is your card’s sensitive details. Here are two crucial elements that should never be divulged:

1. Expiration Date

Printed conspicuously on the front of your card, the expiration date may seem innocuous. However, it plays a vital role in preventing fraudulent transactions. This is because many online merchants require you to provide the expiration date to complete a purchase. By keeping your expiration date confidential, you significantly reduce the risk of unauthorized individuals making online purchases using your card information.

2. CVV Code

The CVV (Card Verification Value) code, also known as the CSC (Card Security Code), is a three- or four-digit number located on the back of your card. This code serves as an additional layer of security, designed to protect against fraudulent card-not-present transactions. When making a purchase online or over the phone, you may be asked to provide your CVV code as a way to verify your identity. By keeping this code secret, you prevent unauthorized individuals from using your card information to make fraudulent transactions.

Remember, your card’s expiration date and CVV code are essential security features that protect your financial information. Never disclose these details to anyone, even if they claim to be from your bank or a legitimate business. By safeguarding these sensitive details, you can significantly reduce the risk of unauthorized card use and keep your financial accounts secure.