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Mine does not have a chip.
I received mine on 7/18 and I have it, called expresspay. I vaguely remember an option when applying, and I also vaguely remember declining, but I could be wrong. It is very conspicuous in my BCE because of the transparent plastic.
My card does not have it.. and I received mine in mid-July. American Express did say they will start to roll out EMV chips soon to all their cards.