MemberSince99 wrote:No, THAT is a bad idea. Let me explain why. If someone should steal your identity and use these cards and you have SD'd them and forgotten about them, you only have so long to dispute errors (I think it's 90 days but I'm not sure how long).
Nope. Federal law does not provide a time limit for credit card fraud, with the exception of giving you zero liability if you report the loss theft of the physical card before it's used. There's a $50 limit for card present fraud, $0 for card not present. For debit cards, there are time limits. There are time limits on non-fraud billing errors (I charge you $100 instead of $10, or don't credit a return, for instance.), but a card in your sock drawer isn't going to have those errors.
It becomes rather more difficult to report fraud the later you wait, but the legal protection is still there. Proving it is also somewhat harder.
Also, a card you don't use, and keep in a drawer isn't going to be stolen from a skimmer or a compromised website. (Except if it 's the bank's, of course.)