Last Updated on November 20, 2023
Let’s say you have a card but the card number and CVV are partially cleaned off, and you can’t tell which numbers to use. In this situation, your fastest option is to transfer money with only card number and CVV. Otherwise, you have to request and wait for a replacement card, which can take up to 7 business days.
First, you need to know that it is possible for you to use your card with just the number and CVV, but success is not guaranteed. Banks and credit card companies rely on AI-driven fraud detection systems. For instance, if someone tries to use your card in Washington shortly after you used it in Texas, the bank may flag one of these transactions as ‘suspicious’ and may even block it. However, this system is not foolproof and sometimes allows such transactions to slip past.
I experienced this myself last year when my card number was stolen. The culprit managed to make one purchase before the bank intervened. They contacted me to verify the transaction, which I confirmed was fraudulent. The bank then canceled the card, issued a new one, and reversed the fraudulent charges from my account. So, yes, it is possible to transfer money with only card number and CVV. If you own the account, then there will be no chargeback.
Can Anyone Withdraw Money with Card Number and CVV?
If you attempt to transfer money with only card number and CVV, this situation reflects a balance of risk and convenience between banks and merchants. Usually, a secure bank would require in-person withdrawals with ID and biometric verification, while the most secure merchant might require verification such as 3DS, address checks, and photo ID matching the card. The downside is that such measures cause inconvenience and often require people to choose other alternatives.
So, it’s really about risk versus reward. Merchants such as Amazon prioritize convenience in purchases, even if it means higher fraud rates, which they accept as a business loss. It also turns out that this approach has been successful for them.
MasterCard and Visa set rules for resolving disputes between merchants and banks over transaction authorizations. These often serve more as guidelines, advising actions to avoid automatic liability in fraud cases or extra charges. Like merchants and banks, these card companies try to minimize fraud while maintaining convenience to stay competitive. And, yes, they accept some level of fraud as inevitable.
How to Transfer Money with Only Card Number and CVV
Transferring money using just a card number and CVV isn’t directly possible. However, if you have the card number, CVV, and the card’s expiry date, there are certain methods that can work for you to complete your transaction conveniently. If the card number and CVV on your physical card are not legible, but you still need to transfer money using these details, do the following to transfer money with only card number and CVV:
Use Your Online Banking or Mobile App
If you have previously registered for online banking or have a mobile banking app for your bank, your card details are stored and accessible there. Log in to view your card number and CVV (if the bank allows it) or use the app’s built-in features to make transfers. The simple steps below will help you, irrespective of your bank.
- Log in to your bank’s online banking portal or mobile app.
- Look for a section that displays your card details. Some banks may show the full card number and CVV, while others might only display a portion for security reasons.
- If the full details are visible, use them to set up a transfer through the online payment platforms, P2P services, or directly through the bank’s transfer feature.
If the full details are not visible, you might still be able to use the app’s built-in transfer features to send money without needing to enter the card number and CVV manually.
Contact Your Bank for Card Details or Replacement
If you can’t access your card details online, your next best option is to contact your bank. They can provide you with your card details or issue a replacement card. Once you have the details or a new card, use any standard method to transfer money with only card number and CVV.
Make sure to call your bank’s customer service, or you can visit a local branch in person with your ID. Explain the situation and request your card details. They might be able to provide the card number over the phone or in person. For security reasons, they may not provide the CVV and might suggest issuing a new card instead. If a new card is issued, wait for it to arrive and activate it. Once you have the new card or the card details, use those for the money transfer.
Use Your Saved Browser or App Autofill Information
While I personally advise against this, many people use the autofill feature in web browsers or mobile apps to save time when entering payment details. If you have previously used your card for online transactions and allowed your browser or app to save these details, check your browser for your card number and CVV.
To check your browser autofill settings, open the web browser you frequently use for online transactions and go to the settings. Under the settings, you should find the ‘Autofill’ section (this varies by browser). Check if your card details are saved under the ‘Payment Methods’ or similar section.
You can also do the same if you use a mobile app’s autofill feature to store your card details. Just open the mobile app where you might have used the card and try initiating a transaction to see if the app auto-fills your card details. If your details are saved on either the app or browser, you can use them to make a transaction or transfer money through online payment platforms or merchant sites. Before you proceed to the next section, here is something you should know. It is often not safe to store your card details in a browser or an app; a breach of the data could mean scammers have access to your bank details. Also, someone else may have access to your card information.
Create a Virtual Card Via Your Bank App
Some banks or financial institutions allow you to create a virtual card, where the digital version of your card is created with its own details. This can be a good alternative to transfer money with only card number and CVV. The virtual card is linked to your main account and is accessible through your online banking app.
It is simple to make one yourself. Usually, you just log in to your online banking portal or mobile banking app and look for options related to virtual cards or digital wallets. From here, you can create a virtual card. You will be provided with steps to follow to create a new virtual card linked to your bank account. You will also get a new card number and CVV.
Your new virtual card will work like a physical card for any transaction online or offline. Use it to transfer money through digital wallets, online payment platforms, or direct merchant payments.
Install a Money Management App
Some financial management apps or personal finance tools may store your card details securely if you have previously added your card to these apps. These details can sometimes be retrieved for your use. Install an app that allows you to manage your finances (such as Mint, YNAB, or Personal Capital). These apps often require prior setup, so this method assumes you have already added your card information.
Check for stored card details. You can navigate through the app to see if it stores and displays your card number and CVV. Some apps can show the full card number but not the CVV for security reasons. Otherwise, you will see all the information, including the card number and CVV. Use the app to retrieve your card details for online transfers.
So, there you go with the methods anyone can use to transfer money with only card number and CVV if they cannot readily access theirs. If you have read this post up till this point, here are two special tips that may help you to recover your CVV and card number. (1) Your email or document! You may have been emailed your card details or stored them in a secure document online. So, check if you can retrieve them. However, I do not generally recommend storing your card details in your email due to security risks.
(2) Check the retailer websites with your saved card information. If you have an account with websites like Amazon, you can make a purchase or buy a gift card to help you move your funds. The procedure may not be worth it, though. In the end, the best method is to request a replacement card from your bank so that you will not face restrictions in your transactions.