Credit card with chip

murphy · Guru

Credit card with chip

Michele Erdvig · Host

I just got a new credit card from Bank of America with a chip. They are slowly changing over here in the US. Finally catching up with the rest of the world. Be sure to get a PIN to go with the card.

I was ticked that my world MC has been changed to a Visa. furious

murphy · Guru

Checked on the paperwork associated with the card and nothing stated about a pin. Went on Citi web sight to get more info. They claim that a PIN number is not available. It is a swipe and signature card. Learned that all credit cards will have the chip technology by 2015.

I would assume merchants or anyone who accepts credit cards will need to update their equipment in order to give the customer the added layer of protection that this technology offers. Amazing that the leader of the free world is almost 10 years behind 80 some countries of the world!

Dan

Michele Erdvig · Host

It'a all about MONEY! They need to change over the machines, infrastructure, etc. The cc companies have been dragging their feet because it costs $$$.

My BA card has PIN (had to ask for it) so I'm thinking it will work in Ireland like a true chip and pin. You might want to phone them and see what they say.

Mac_T · Veteran Member

Dan -- if Citi won't provide you with a PIN, you can use the card in chip readers, but you still have to sign...or the the magnetic strip can be swiped. So, it's chip & sign or swipe and sign. I recently got a card with a chip, but the issuer would not enable a PIN (yet). Baby steps...maybe 2015 will be the year chip & pin will make some progress in the US. The card issuers are starting to push for it because of the recent well-publicized security breaches.

Roy · Guru

I recently got a Mastercard through my credit union that is chip & pin. Will let you know how it works out.

aimeekm · Member

Unfortunately all US issued cards are chip and sig priority. The ones that are advertised as chip and pin will still default to signature, with the pin only when sig is not available.

Roy · Guru

Aimee, you are correct. While I enjoyed the ability and ease to use chip technology, I still had to sign. Only in two situations- at a self-serve check out at Tesco, and at a Three store, was I unable to get my chip card to work.