Barclaycard do their best to encourage identity theft
Identity theft - it's all the rage these days. Everyone's at it like rabbits, although rabbits are rarely the culprits, or the victims. That's why banks are taking super duper precautions to keep all of your valuable personal data safe. Like Barclaycard, for example.
Bitterwallet reader Stuart applied for a credit card with Barclaycard, to take advantage of their offer of 0% interest on balance transfers. Barclaycard obviously believe that personal data is best hidden away in plain sight, because they printed all of Stuart's information on the back of an agreement form - after Stuart had already securely supplied the information online - and posted it to him. Everything is there, including his security word for the account. To ensure the maximum possibility of the information going astray, Stuart then had to post his personal data for the second time, since it was printed on the agreement form:
It's standard operating practise, say Barclaycard. We're sure it is - agreement forms are nothing new and the banks like hard copies with real signatures - but sending all that information together, including passwords, in the post? Twice? Why can't customers be prompted to check their details are correct through the secure website they applied on?
Not to worry, we're sure they know what they're doing. After all, they're a bank.