Compare Credit Cards with CardSmart

According to new research from LV= home insurance, over eight million adults have given their chip and pin details to someone else in the past year.

Brits have done this to ask someone to get money for them from a cash machine on their behalf.

However, according to experts, this could open debit and credit card users up to fraud.

The study revealed a quarter of those who gave out their details to someone else to make a purchase or take out cash on their behalf fell victim to fraud.

LV= recommended businesses pay closer attention as a total of 98% of those who said they had used someone else's card stated they were not caught.

John O’Roarke, managing director of LV= home insurance, said: "We would strongly urge all card-users not to tell anyone their pin number.

"Not only does it undermine the security of your account and increases the risk of ID fraud but also card holders could end up out of pocket if they are found to have shared their card details."

Since the introduction of chip and pin technology on Valentines Day 2006, there has been a drop in the amount of credit card fraud in the UK.

Written by Alex Adams

Written by ©

Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9%
** 16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable). **
	Virgin Credit Card
	20 months	3 months	16.8%
** 16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable). **
	Barclaycard Platinum with BT
	22 months	3 months	17.5%
** 17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable). **
Compare More Credit Cards...