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  1. #1
    Centurion Member PlatinumAMEX94's Avatar
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    Default AmEx Virtual Credit Card Numbers

    Virtual account numbers are a one time use number that correlates to your credit card number. Citibank and Discover have had this feature for years. When I contacted American Express I was informed that this feature/service is not available, but if they continue to get email requests from their card members they will implement it.

    So if you are like me and are hesitant to input your American Express account number, then I would encourage you to log into your account and email them.
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    PlatinumAMEX94, could you be more specific about? Please.

    Thanks
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  3. #3
    Centurion Member PlatinumAMEX94's Avatar
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    Discover has a software program you install on your pc. Anytime you order online it generates a one time use credit card number you can use online, or wherever. AmEx used to have this feature but decided to drop it. So when I contacted them they said they need more demand to bring this back.

    American Express says they don't hold you for any fraudulent charges, but I have had to change my account number 4-5 times since I have been with AmEx. I like my number. I have it memorized. I don't want to change it because of fraud. Make sense?
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    I see, I did not have any idea about. Thanks for the explanation.
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    Centurion Member PlatinumAMEX94's Avatar
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    I figured this this particular website generates/attracts thousands of American Express cardholders, it would be a good place to inform cardholders to email American Express saying I want this feature. I am willing to bet anyone who has their card number memorized WITH the four digit code does not want to change their account number.
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    As a merchant, I think this is a horrible idea! I refuse to accept virtual account numbers, and there are ways to tell.

    Why do I say this? Because there are a lot of losers out there who use these to defraud merchants. They get a temporary number, use it for an authorization, enjoy a service or product from the merchant, and then when the merchant tries to charge the card later, it is no good. There are things that merchants can do to protect themselves but they are are all more work and hassle for the merchant. Merchants already pay more for card-not-present transactions to cover the additional risk.

    If you have a reputable card, they will stand behind you as a cardholder. American Express is reputable. If you ever enter your number online and are defrauded, they will cover you. Why you would want to add additional expense to the people you buy from is beyond me.
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    DoingHomework,

    I am curious: I do not understand why a virtual credit card is such a problem for you. Could you please tell me more?
    I use Amazon a lot for example: if they cannot charge my card, the item does not ship (this happened to me once because I had reached my credit limit).

    I use these virtual credit card accounts very often because I have sometimes had a lot of trouble canceling some offers coming with an automatic renewal/subscription.

    I believe that it should be as easy to cancel as it is to sign up!!
    But many times, IT IS NOT!

    When I am happy with the product/service I then renew my subscription. But sometimes I am just not happy about it. And I have the legitimate right to cancel as the merchant offers.
    (By the way, it is usually when I am REALLY NOT happy about a product/service that it is the most painful to cancel.)

    This is why I use and love virtual credit cards. If I cannot easily cancel a service, I just give up and do not cancel. I know that the merchant will not be able to charge me anyway (because my virtual credit card has already expired or has reached the limit).

    Anyway, I just would like to know more about your situation. I have always seen these virtual credit cards as a way to not get ripped off.
    But I am a costumer, not a merchant. So I just want your point of view as a merchant.
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