I recently had to get a card reissued because the 3 digit code was no longer
readable.  That was when I found out that the bank did not know that code
and that it is uniquely generated at the time of the printing of the card.
Your record at most local banks actually does not have that code on it.  I
also found out that companies that use the code to validate a card in their
system are not supposed to store the code.  Only the card number.  Supposed
to and reality are probably two different things.  I have taken the new card
and written the number down separately and then erased it from the back of
the card.  That card also has had the PIN number feature disabled. Cant be
used at ATM.
jimt
On 8/23/05 5:31 PM, "jhecht@alum.mit.edu" <jhecht@ALUM.MIT.EDU> wrote:

> Hi all,
>
> I verified this scam warning at snopes.com -
> http://www.snopes.com/crime/warnings/creditcard.asp - and it is legit, not
> an urban legend.  So this is worth reading.
>
>
>
> Joy