Originally Posted by
M60_to_LGA
Just got a new WF card (Active Cash) to replace my old one expiring soon. There's no line on the back to sign the card. I've never seen this before - including on another new WF card (Autograph Journey) received only about three months ago.
I called customer service, and the agent said signatures on credit cards are no longer required. I mean, I guess most in-person transactions these days are chip, or digital wallet, or at the very least chip - but it still struck me as odd.
Is this brand new, or am I just oblivious?
i htink the use of a signature on a card is that the cashier can compare it to the signature on the receipt, and potentially detect fraud if it is different. but i think it is hard to execute in real life because cashiers are not trained to identify falsified signatures, and they will be extremely cautious to accuse someone of fraud in case they are wrong. with all the new contactless and chip technology now, we hardly sign on the receipt anymore and ideally shouldnt even hand our card to cashiers, so its purpose is very much diminished or non-existent