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To correctly destroy sensitive information on your credit card, whether it has a magnetic stripe or a chip, use scissors to cut along vertical and horizontal lines through the account number, name, security code, chip, and stripe before disposal. A shredder can quickly destroy a magstripe card, but be cautious with chip cards to avoid damage. If the card is metal or has a chip, consider requesting a prepaid envelope from the issuer for secure disposal instead of throwing it in the trash. Destroying the card correctly helps keep your information safe.