Privacy with Credit Cards


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Cardholder Benefits » Privacy with Credit Cards

Privacy with Credit Cards

Updated: November 14, 2018

The content is accurate at the time of publication and is subject to change.
Privacy with Credit Cards

We are so much concerned about privacy and security issues that we are desperate to do anything to avoid being ID victims. However, most of us do not mind carrying Radio Frequency Identification tags embedded in our passports, credit cards and even clothes. On the contrary, FRID chips go a long way among US consumers and enjoy financial support from credit card and other financial companies, as well as from automotive and security industries.

Meanwhile, a growing number of financial and security experts are expressing concerns about the real protecting efficiency of RFID chips. What are the chips intended for in credit cards and are they really that necessary to be embedded in our cloths or passports?

Most of cardholders do not deny the evident convenience and ID security they enjoy using credit cards with RFID . Credit cards with RFID chips are produced on the no-swipe basis and ensure the security of personal and financial information of the customer during the transaction.

It is simple. You do not have to give your plastic to the cashier, protecting it from unauthorized readout and theft of your name, account number or expiration date.

Earlier, the only way to allow a customer to charge with a credit card was through scanning the card's information with store readers, bank computers and ATMs. The latter have recently become too easily exposed to criminals' ideas about how to steal your credit card information for fraudulent activity and ID theft.

RFID chips have brought around a smart solution to security issues concerning card usage.

However, these silicon chips found their application in car keys, prescription bottles and even our clothes.

What is there role? Whom do they help and whose interests do they protect? The RFID technology helps identify company employees, track shipments of goods through stores, speed up retail transactions and find pirated merchandise.

In other words, RFID technology allows authorities to put a US citizen under control, watching where you go and what you do any time of the day and night. Let alone full access to your personal information.

Strange enough, but while no swipe credit cards do make a difference as to how you pay for a purchase, chips contained in other everyday items seem to be not only useless for a customer but also privacy threatening.

Why wear a shirt transmitting signals that are easily exposed to criminals armed with special readers trying to steal your identity? It has also become dangerous to carry your passport about as it is an excellent source of easy-to-read personal and financial information.

The concerns sprang the development of a new area in the security industry - companies producing passport sleeves, metal-covered wallets and other devices protecting your credit cards, keys, passports and other RFID-enabled items.

The technology is still, however, to beg a big question. How will consumers wearing RFID tags in their shirts or shoes be protected? Else, there is a guessing that RFDI tags will be implanted under a person's skin one day, making the person utterly defenseless in the face of ID theft threat.

What role will chips in you skin play? While they do not seem to shield you from ID theft, they do seem to be the Government's perfect tool to watch and control citizens for the national safety purposes.

Isn't there a small contradiction? Even if there is, consumers who have been offered to have RFID chips implanted showed willingness and readiness to go through the procedure. Why not, they say, if the chips help Government in the fight against terrorism?

Praiseworthy, but a little bit too naive. RFID technology used in credit card industry is really justified and should not perhaps go beyond it.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Posted: November 8, 2018

Thanksgiving is coming, and whether you are hosting a meal or coming as a guest, your spendings are going to accumulate faster than you can notice. A holiday feast is a costly matter – each year Americans spend around $50 on a Thanksgiving ... Continue reading
The Best Credit Card for Earning Cash: Discover it® Cash Back

The Best Credit Card for Earning Cash: Discover it® Cash Back

Posted: November 2, 2018

You’ll have hundreds of dollars in your pocket in no time because you’ll earn money back on every purchase you make with this card. There are no restrictions on the amount of cash back you can get, and Discover even matches every penny you ... Continue reading
Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Posted: October 10, 2018

Nights are drawing out, the wind is colder every day and you already feel the lightest breath of winter on your face - autumn is here. Holidays are over, kids are back to school and all you are left with are hefty holiday bills that you ... Continue reading
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!