E-commerce Survey: More Consumers Know Their Credit Card Security Code than Their Driver’s License Number, Says CreditDonkey.com Online Shopping Survey

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Almost half of consumers have memorized their primary credit card’s 3- or 4-digit code required to make online purchases. This finding reflects the increasing popularity and comfort level of online shopping.

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If you shop online frequently enough, soon enough you'll discover you have memorized your security code

Approximately 41% of consumers have memorized their main credit card’s security code, but only 24.6% have memorized their driver’s license number, according to a survey by CreditDonkey.com, a credit card comparison website. Nearly all, some 96%, of the more than 1,000 survey respondents know their Social Security number.

Survey Results: http://www.creditdonkey.com/online-shopping-addicts.html

“Credit cards now get as much wear and tear over the Web as they do on actual swipe machines,” asks Charles Tran, founder of the CreditDonkey.com. “But instead of scrapes on the back of the card, the sign of a heavily used card nowadays is whether its owner knows the security code by heart. After all, the main reason why anybody would need the code is to complete their purchase online. If you shop online frequently enough, soon enough you’ll discover you have memorized your security code as well.”

To read the full survey results, visit http://www.creditdonkey.com/online-shopping-addicts.html

CreditDonkey.com surveyed 1,109 Americans, age 18 and over between January 4 and January 8, 2013. Some credit cards have 3-digit security codes on the back while others have 4-digit codes on the front.

CreditDonkey.com provides information on the credit issues, news, and trends facing Americans through proprietary market research and analysis. Visit our newsroom at http://www.creditdonkey.com/news.html to stay informed with credit card news, deals, reviews, and tips from CreditDonkey.com

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Charles Tran
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