August 25, 2009
Posted: 08:45 AM ET
HELP ME CLARK!
You're absolutely right. But the purpose of the three-digit code on the back, is many times a criminal may be able to steal your 16-digit number but they won't know the secret code. It's just an additional possible way for a merchant to protect himself or herself from fraud. It is not something that puts you at risk giving that number, if you're dealing with a reputable merchant. If you ever give the number out and you're worried later, that you think you might have given it to somebody who's not A-okay, well at that point you should call your credit card company and they can check to see if any weirdo activity is taking place.
FOR MORE ADVICE FROM CLARK VISIT CNN.COM/CLARKHOWARD
From around the web
Clark Howard helps you become a wise consumer. We know you're busy, and that's why Clark's tips are quick and effective. He'll arm you with the information you need to make smart choices. During these tough economic times, Clark wants to help you save more, spend less and avoid getting ripped off!