Is the Sovereign Debit Card an anonymous card?
Although no name appears on the card or on the magnetic strip and ATM transactions worldwide are totally anonymous, this is not a so called “anonymous” card. Every card has to be issued and registered under the name of a real person which is in accordance with card asssociation regulations which also requires all issuing banks to verify ID. Therefore you are known to the bank as the holder of the card. The only way any card could be anonymous is if arrangements are made for a “master account holder” to issue subsidiary cards off that same account. In that event, any funds placed into that account would not in reality be under the control of such a card holder but under the control of the person that holds the account. Obviously this is a very risky proposition as your funds are controlled by another party.
