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Paperless Statements

I have (just) selected not to receive any more paper statements from AmEx and emailed Barclaycard asking if there was the same facility.

Their response was:

'Unfortunately we are unable to stop sending out paper statements by post.

As a financial institute, we are legally bound to send hard copy statements to all cardholders if there is a balance owing on their account.'

Other cards have paperless statements (Accucard)? As well as online savings accs, so why can't they do it (assuming they have my permission), when I am sure they want to (to save on the postage etc) when others can?

Reply to
James
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Precisley, Cahoot do not issue hard copies either.

Reply to
TLSG

That should make identity theft even easier then.

Reply to
Phnix

How so?

John.

Reply to
John Dowd

When you shred Cahoot statements, the remains are invisible?

Reply to
Take a Walk

No, when you shred them you cant tell if you've done it properly.

Reply to
Tumbleweed

Do others follow the law?

Permission doesn't matter because you can't grant the right to break the law.

Paperless statements should be cryptographically signed. It is very easy but the lack of signing tells what their attitude is. You should be scared.

Reply to
Bill Bush

They generally are. You get an email each month saying "please log in to the website and view your statement". The website is on an ssl connection, so it is cryptographically signed.

Reply to
Jonathan Bryce

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